NOT LISTED FOR SALE

Estimated Value: $4,368,000 - $6,098,000

5 Beds
7 Baths
5,853 Sq Ft
$927/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $2,400,000 $410 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $33,086/month

266 Days on Market

Highlights

  • Property has ocean access
  • Private Pool
  • 2 Car Attached Garage
  • Harbordale Elementary School Rated A-
  • Waterfront
  • Breakfast Bar

About This Home

As of August 2020

This home is located at 83 Royal Palm Dr, Fort Lauderdale, FL 33301 since 04 November 2019 and is currently estimated at $5,423,772, approximately $926 per square foot. This property was built in 1988. 83 Royal Palm Dr is a home located in Broward County with nearby schools including Harbordale Elementary School, Sunrise Middle School, and Fort Lauderdale High School.

Last Agent to Sell the Property

Julie Jones

Douglas Elliman License #0648322 Listed on: 11/04/2019

Douglas Elliman

Co-Listed By

Amy Carpenter

Premier Estate Properties Inc. License #3426886

Last Buyer's Agent

Igor Generalov

Global Realty Partners License #3050003

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,894

Year Built

  • Built in 1988

Lot Details

  • 0.28 Acre Lot
  • Waterfront
  • East Facing Home
  • Sprinkler System
  • Property is zoned RS-4.4

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Water
  • Pool

Interior Spaces

  • 5,853 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Entrance Foyer
  • Utility Room
  • Laundry Room
  • Carpet
  • Breakfast Bar

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Private Pool
  • Property has ocean access

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Community Details

  • Las Olas Isles Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504201090110

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,894

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1988
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Bar, Bedroom on Main Level, Entrance Foyer
  • Private Spa: No
  • Furnished: Negotiable
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Carpet
  • Living Area: 5853.0
  • Dining Room Type: Laundry, Utility Room

Exterior Features

  • Exterior Features: Lighting
  • View: Pool, Water
  • Lot Features: Sprinklers Automatic
  • Pool Features: In Ground, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Cooling: Zoned
  • Cooling Y N: Yes
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Home Owners Association
  • Senior Community: No
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 504201090110
  • Lot Size Sq Ft: 12000.0
  • Zoning Description: RS-4.4
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 44894.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2019
Closed on
Aug 24, 2020
Sold by
Khoury Philippe and Khoury Valerie
Bought by
Td 83Rpd Llc
Seller's Agent
Julie Jones
Douglas Elliman
Buyer's Agent
Igor Generalov
Global Realty Partners
List Price
$2,750,000
Sold Price
$2,400,000
Premium/Discount to List
-$350,000
-12.73%
Current Estimated Value
$5,423,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,023,772
Avg. Annual Appreciation
17.08%
Original Mortgage
$1,200,000
Outstanding Balance
$1,049,123
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$4,374,649

Purchase Details

Listed on
Mar 2, 2014
Closed on
Nov 20, 2014
Sold by
Gehrig John F and Gehrig Barbara A
Bought by
Khoury Philippe and Khoury Valerie
Seller's Agent
Peter Barkin
Compass Florida, LLC
Buyer's Agent
Coldwell Banker Realty
List Price
$2,995,000
Sold Price
$2,400,000
Premium/Discount to List
-$595,000
-19.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$1,400,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 10, 2007
Sold by
Nelson Michael J and Nelson Michelle J
Bought by
Gehrig John F and Gehrig Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 17, 2005
Sold by
Beasley Helen M
Bought by
Nelson Michael J and Nelson Michelle J

Purchase Details

Closed on
Aug 2, 2002
Sold by
Beasley James E and Beasley Helen M
Bought by
Beasley James E and Beasley Helen M

Purchase Details

Closed on
Apr 24, 2001
Sold by
Nelson Stoll M and Nelson Stoll M
Bought by
Beasley James E and Beasley Helen M

Purchase Details

Closed on
Dec 1, 1989
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Td 83Rpd Llc $2,400,000 Blade Title Company
Khoury Philippe $2,400,000 Attorney
Gehrig John F $1,675,000 Attorney
Nelson Michael J $2,298,600 --
Beasley James E -- --
Beasley James E $1,725,000 --
Available Not $648,214 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Td 83Rpd Llc $1,200,000
Previous Owner Khoury Philippe $1,400,000
Previous Owner Gehrig John F $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2020 08/27/20 Sold $2,400,000 -12.7% $410 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
11/04/2019 11/04/19 For Sale $2,750,000 +14.6% $470 / Sq Ft
11/20/2014 11/20/14 Sold $2,400,000 -19.9% $364 / Sq Ft View Prior Sale
10/21/2014 10/21/14 Pending -- -- --
03/02/2014 03/02/14 For Sale $2,995,000 -- $455 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $56,363 $3,090,830 $1,080,000 $2,010,830
2024 $51,221 $3,090,830 $1,080,000 $2,010,830
2023 $51,221 $2,688,960 $1,080,000 $1,608,960
2022 $47,502 $2,508,000 $0 $0
2021 $42,858 $2,280,000 $1,080,000 $1,200,000
2020 $47,605 $2,549,350 $1,080,000 $1,469,350
2019 $47,024 $2,513,500 $1,080,000 $1,433,500
2018 $44,894 $2,458,790 $1,080,000 $1,378,790
2017 $43,466 $2,338,790 $0 $0
2016 $41,317 $2,155,150 $0 $0
2015 $41,234 $2,091,220 $0 $0
2014 $33,357 $1,699,220 $0 $0
2013 -- $1,747,800 $780,000 $967,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10201773

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-01-09-0110