NURMI ISLES ISLAND NO 1

131 Royal Palm Dr, Fort Lauderdale FL 33301

5 beds · 5.5 baths · 7,401 ft²

Closed

$55,000

175.00%

Est. Payment $293/mo

MLS Sheet Video

Bedrooms

5.5

Bathrooms

7,401

Sq. Ft.

2006

Year Built

Garage

Days on Market

Description

Luxury awaits at Royal Palm Villa located in one of the most exclusive neighborhoods in Fort Lauderdale, perfectly situated within walking distance between the iconic Las Olas Boulevard and Las Olas Beach. This stunning 7,700 sq ft waterfront home has been completely remodeled from top to bottom to insure the most relaxing oasis for guests. This home features a brand-new chef's kitchen, game room, heated pool, fire pit areas, and backyard with picturesque views of the intercoastal waterway. All 5 bedrooms feature their own private ensuite baths and 4 have their own private balconies. Two stand up paddle boards and kayak available. Available nightly ($2800-$3200), weekly ($19,000-$22,500), and monthly rentals. Prices vary by date/length booked. Contact agent for details.

Facts

MLS#: A11843003
Subdivision: NURMI ISLES ISLAND NO 1
Property Type: Residential Lease
Property Sub Type: Single Family Residence
Year Built: 2006
Lot Size: 12,000 ft²
Sq. Ft.: 7,401 ft²
Sq. Mt.: 688 m²
Price per sq. ft.: $7/ft²
Price per sq. mt.: $80/m²
Stories: —
Garage: 4 spaces
Pool: Private
Days on Market: 63 days
Listed: Jul 1, 2025
Last Updated: Oct 2, 2025
Price/Lot Sq.Ft.: $5/ft²

Market insights for Fort Lauderdale

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

10/2/2025	Sold	$55,000
8/6/2025	Price change	$55,000+175.0%
7/1/2025	Listed for sale	$20,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

131 Royal Palm Dr, Fort Lauderdale FL 33301Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Floranada Elementary School
PK,KG,1,2,3,4,5 · public · 0.2 mi
Shepherd Of The Coast
KG,1,2,3,4,5,6,7,8 · private · 0.4 mi
Oxford Academy
UG · private · 0.6 mi
Northeast High School
9,10,11,12 · public · 0.7 mi
Kids in Action
PK,TK,KG,1,2,3 · private · 0.8 mi
Pine Crest School
PK,TK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.8 mi
Westminster Academy
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi
James S. Rickards Middle School
6,7,8 · public · 0.9 mi
Christ Church School
PK,KG,1,2,3,4,5 · private · 0.9 mi
North Andrews Gardens Elementary School
PK,KG,1,2,3,4,5 · public · 1.0 mi

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$183,333

gross income / month to qualify

Monthly rent$55,000

Required annual income$2,200,000

Security deposit (est.)$55,000

Move-in cost (1st + last + security)$165,000

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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