Single Family Home NURMI ISLES ISLAND NO 1

$ 5,500,000
  • 5 bed
  • 6 bath
  • 12,000 ft2 (1,116 m2)
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Details
    • Listed on:
      January 23, 2026
    • Days on Market:
      134
    • Maintenance:
      n/a
    • Taxes:
      $ 77,509 per year
    • Year:
      1996
    • Furniture:
      -
    • Floor Description:
      Other, Tile
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      Canal, Canal View
    • Parking:
      -
  • Building Features:
    • Barbeque
  • Interior Features:
    • First Floor Entry
    • Entrance Foyer
    • Other
    • Pantry
    • Family Room
    • Utility Room/Laundry
  • Exterior Features:
    • Barbeque
    • Built-In Grill
    • Open Balcony
  • Legal Description:
    200 east palmetto park condo unit ph -1
Description
Preferred east-facing waterfront estate on one of Las Olas Isles' most prestigious streets. Set on a prized 12,000-square-foot lot with 100 feet of deep-water dockage, this timeless residence offers tranquil wide-water views, elegant coastal architecture, and refined living just moments from the beach and Las Olas Boulevard. Spanning nearly 5,800 square feet, the home features expansive entertaining spaces, a first-floor primary suite with private loggia, multiple courtyards and terraces, pool, gazebo bar, fireplace, and three-car garage. A rare opportunity combining premier location, exceptional waterfront, and enduring long-term value. Beaches, fine dining and shopping are minutes away. Royal Palm Drive is favored for its higher elevation, wider, deeper lots and underground utilities. Here is an opportunity supported by both the intrinsic qualities of the property and recent market activity within the Las Olas Isles. This property offers a highly desirable 12,000-square-foot lot with 100 feet of waterfront on a premium street characterized by consistent lot widths and larger surrounding homes an important factor that reinforces long-term value. In this market, waterfront land alone typically commands approximately $35,000 to $50,000 per linear foot, placing significant underlying value on the site itself. Additionally, the residence encompasses 5,752 square feet of interior living space, aligning well with expectations for a property of this scale, where homes generally trade in the range of $1,200 to $1,500 per square foot. The benefit is a combination of a well-proportioned home, strong land value, and a superior location. Premium east-facing waterfront exposure 100 feet of deep-water dockage Large 12,000 SF lot Prestigious street within Las Olas Isles High-quality scale at nearly 5,800 SF Timeless architecture instead of speculative modern construction Proximity to beach and Las Olas
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