$6,400,000
SOLD DEC 31, 2024
0.47 Acre
$13,617,021 Price per Acre
20,473 Sq Ft Lot

Recently Sold

$1,059 Per Sq Ft

15% Below List Price

112 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Property Fronts a Bay or Harbor
  • Harbordale Elementary School Rated A-
  • Private Dock
  • 0.47 Acre Lot

About This Lot

As of December 2024

Discover a rare opportunity to create your dream estate on a double lot in the prestigious Las Olas Isles. Located at 74 Fiesta Way, this double waterfront lot offers 170 feet of prime water frontage—perfect for building 1 grand estate or subdividing into 2 exceptional homes. Spanning 20,400 Sq Ft (0.47 acres), this expansive property is among the last in this iconic isle. Just steps from upscale shops, trendy coffee spots, and fine dining. With no fixed bridges, you're only 30 minutes by boat to the ocean. Whether you’re a passionate boater or seeking a serene retreat, this property offers the best of both worlds. Zoned for one or two homes, this is a unique chance to design and build in a community known for its elegance, luxury, and world-renowned events.

Last Agent to Sell the Property

Alex Miranda

Compass Florida, LLC. License #3203583

Compass Florida, LLC.

Co-Listed By

Barbara Byers

Acadia Real Estate Properties License #3068857

Last Buyer's Agent

Marc Brandt

Douglas Elliman License #3285253

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $36,815

Year Built

  • 1993

Lot Details

  • 0.47 Acre Lot
  • 170 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • East Facing Home
  • Fenced
  • Sprinkler System
  • Landscaped with Trees
  • Property is zoned RS-4.4

Property Views

  • Ocean
  • Bay

Location

  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 504201110560

Community Details

Overview

  • No Home Owners Association
  • Nurmi Isles Island No 3 Condos
  • Nurmi Isles Island No 3,Nurmi Isles Island 3 Subdivision

Recreation

  • Property has ocean access
  • Private Dock

Property Details

Property Type

Land

Est. Annual Taxes

$36,815

Year Built

1993

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Co List Office Mls Id: FLLFRME01
  • Co List Office Phone: (754) 220-4119
  • Road Frontage Type: Bay
  • Horses: No
  • Inclusions: Private Dock
  • Lot Size Acres: 0.47
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Road Surface Type: Paved
  • Structure Type: Residential
  • Subdivision Name: NURMI ISLES ISLAND NO 3,NURMI ISLES ISLAND 3
  • Special Features: VirtualTour
  • Year Built: 1993

Interior Features

  • Possible Use: Investment

Exterior Features

  • View: Bay View, Ocean View
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: City Location, Dead-End Location, 1/4 To Less Than 1/2 Acre Lot, Fenced, Sprinklers, Street Lights
  • Other Structures: Run Down
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: NURMI ISLES ISLAND NO 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 504201110560
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 20400
  • Zoning: RS-4.4
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 36815

Map

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

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold $6,400,000 -8.5% $1,059 / Sq Ft
12/31/2024 12/31/24 Pending -- -- --
10/18/2024 10/18/24 Price Changed $6,995,000 -6.7% $1,158 / Sq Ft
09/09/2024 09/09/24 For Sale $7,500,000 -- $1,241 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $37,412 $4,761,860 $1,836,000 $2,925,860
2024 $36,815 $2,023,540 -- --
2023 $36,815 $1,964,610 $0 $0
2022 $35,141 $1,907,390 $0 $0
2021 $34,151 $1,851,840 $0 $0
2020 $33,504 $1,826,280 $0 $0
2019 $32,728 $1,785,220 $0 $0
2018 $31,314 $1,751,940 $0 $0
2017 $31,198 $1,715,910 $0 $0
2016 $31,496 $1,680,620 $0 $0
2015 $32,154 $1,668,940 $0 $0
2014 $32,488 $1,655,700 $0 $0
2013 -- $2,718,120 $1,326,000 $1,392,120
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,920,000 Credit Line Revolving
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $3,200,000 None Listed On Document
Warranty Deed $3,200,000 None Listed On Document
Warranty Deed $3,200,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $176,429 --
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11649808

MIAMI REALTORS® MLS

APN: 50-42-01-11-0560