708 Royal Plaza Drive, Fort Lauderdale, FL 33301

SingleFamilyResidence · Active

$100,000,000

708 Royal Plaza Drive, Fort Lauderdale, FL 33301 — MLS photo

Miami Luxury Homes & Waterfront Estates

708 Royal Plaza Drive, Fort Lauderdale, FL 33301

Bedrooms
7
Bathrooms
13
Interior
15,185 sq ft
Price / sq ft
$6,585/sq ft
Built
2028
Lot
40,162 sq ft

The residence

Occupying the entire end of the street, this 40,162-square-foot point lot ranks among the finest in Fort Lauderdale, with approximately 548 feet of waterfront and open water views to the north, east, and south, where the downtown skyline and 17th Street Causeway take center stage. The proposed Las Olas residence, being designed by TAO in conjunction with Bomar Builders, is planned at 15,185 square feet across two stories, with seven bedrooms and eleven baths for daily living and grand-scale entertaining. The flexible plan suits multi-generational living, a home office, or extended guest stays, and a five-and-a-half-car garage will house a collection plus boats and gear. Point lots of this size rarely come to market.

Property location

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708 Royal Plaza Drive, Fort Lauderdale, FL 33301

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Facts & features

Interior

Bedrooms
7
Bathrooms
13
Living area
15,185 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2028
Lot size
40,162 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$0
County
Broward
MLS listing ID
B26088169
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$418,618

Cap rate
0.7%
Net yield
0.7%
Cash-on-cash return
-17.9%
Gross yield
3.6%
Mortgage payment
$474,051/mo
Down payment
$25,000,000
Loan amount
$75,000,000
Annual NOI
$665,196

Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.

Get More Info About This Property

708 Royal Plaza Drive, Fort Lauderdale, FL 33301