$14,500,000
Fort Lauderdale, FL 33301
MLS# F10417776
Status: Closed
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Property Description
NEWLY UPDATED PRICE REDUCTION!! Discover the crown jewel of Fort Lauderdale in the esteemed Idlewyld/Riviera Isles! Once owned by the Anheuser-Busch family, this 1.2-acre estate is a RARE INVESTMENT GEM! Offering 520+ ft of water frontage (217x303) in a PEACEFUL Intracoastal no-wake zone, it's perfect for YOUR MEGA YACHT! IMAGINE building a MASSIVE MANSION with a multi-car garage and ALL YOUR DREAM AMENITIES! Boasting stunning ocean views from the third story and just 5 mins from the 17th St Causeway. This is one of the LAST BUILDABLE POINT LOTS in the city! Opportunities for such a uniquely large lot in SE Fort Lauderdale are infrequent, showcasing the RARE nature of this offering!!AN UNMATCHED OPPORTUNITY!!!
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2024-01-11
Status: Closed
Original List Price: 29995000
Sold Price: $14,500,000
Current Price: $14,500,000
LP/Acre: 21479338.84
Location and Legal
Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 1000
Street Name: Riviera Isle
Street Suffix: Drive
City Name: Fort Lauderdale
State Or Province: FL
Postal Code: 33301
Postal Code +4: 2670
Postal Zip: 33301
Subdivision Name: Kents Island 15-22 B
Area: 3280
Geographic Area: FTSE - Ft Lauderdale SE (3280-3282;3600;3800)
Parcel Number: 504212110010
Zoning: RS-8
Directions: East from 95 on Broward Blvd.right on SE 15th AveLeft on E Las Olas Blvd.Right onto SE 25th Ave/Riviera Isle Dr. Property is the point lot at the end
General Property Information
Property Sub Type: Unimproved Land
Number Of Lots: 2
Lot Size Acres: 1.21
Lot Size Square Feet: 52656
Lot Size Dimensions: 52,656
Additional Parcels Description: 504212110011
Waterfront YN: 1
Water Frontage Feet: 520
Direction Faces: Southeast
LP/Assessed Value: 2.06
LP/SqFt: 493.58
Financial Information
Tax Year: 2023
Tax Annual Amount: 238556
Tax Assessed/SOH Value: 12637440
Tax Legal Description: KENTS ISLAND 15-22 B A POR OF BLK 1 DESC AS: COMM SE COR OF LOT 5, BLK 2, OF RIVIERA (6-17 B), E 15.50 TO POB, S 41.57, SW 20.03, SW 57.29,
Status Change Information
Major Change Timestamp: 2024-06-28T15:42:57Z
Major Change Type: Status Change
Price Change Timestamp: 2024-04-08T16:09:21Z
Status Change Date: 2024-06-28
Under Contract Date: 2024-06-28
Close Date: 2024-06-28
Close Price: 14500000
Buyer Financing: Cash
SP/Acre: 11983471.07
Short Sale Details
Short Sale Addendum: No
Boat and Dock Information
Dock: Yes
Concessions
Seller Concessions: No
Price Calculations
Original List Price To Close Price: 0.48
Section Details
Parcel Number MLX: 0010
Originating Details
Originating System Key: 576792839
Originating System ID: M00000170
Property Features
Current Use: Check Land Use Plan; Residential; Single Family; Unimproved; Vacant
Development Status: Raw Land
Irrigation Source: Surface Water
Location of Property: Corner Unit; Cul-De-Sac; Near School
Other Structures: None
Possession: Close Of Escrow
Possible Use: Single Family
Trees: Mango; Other
Vegetation: Grassed
Boat and Dock Features: Private Dock
Listing Terms: Cash; Conventional; Other
Water Access: Ocean Access
Waterfront Features: Canal Front; Intracoastal; Point Lot
Canal Width: Canal Width 81-120 Feet
Showing Requirements: Call Listing Agent
Acreage Description: 1 To Less Than 2 Acre Lot
Listing Office: Compass Florida, LLC
Last Updated: May - 20 - 2026
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