Posted on 10/4/2013 5:40:40 PM

Las Olas Point Compound Reduced by One Million Dollars

Fort Lauderdale’s largest waterfront assemblage affords a once-in-a-lifetime opportunity to create the ultimate island-like peninsula compound on up to 1,248 ± feet of shoreline.

This unequivocally one-of-a-kind tropical point paradise located at 516 Mola Avenue in Ft. Lauderdale, FL encompasses a substantial part of an extremely well-secluded isle fronting the wide deepwater “Grand Canals” of prestigious Las Olas Isle. Ft. Lauderdale is a world-famous yachting capital known as “The Venice of America”. In this sprawling property’s priceless serenity and privacy, it is almost unimaginable that it is so close to downtown Fort Lauderdale. Famous Las Olas Boulevard’s boutiques and restaurants are within walking distance, and the beach is nearby. The listing price of this spectacular compound has been recently reduced to $8.995 Million.

Truly without equal, Casa di Fiore reigns over a grand walled and gated, island-like point domain surrounded by water on three sides of its own private southeast-to-southwest-facing peninsula, staging splendorous wide-open panoramas of the water and multi-million-dollar estates along the opposite shorelines. Together, the main property and additional property total a phenomenal 2.156± acres consisting of 11½ beautifully treed lots with 1,248± feet of shoreline fronting 213± feet south on the New River, 603± feet east on the Mola Canal, and 309± feet west on the Riva canal. There is an immense amount of protected multi-yacht dockage which gives direct unobstructed access to the ocean. The main offering itself represents one of Fort Lauderdale’s largest point properties, comprising 50,295± square feet of land with 726± feet of waterfront. This provides the setting for the existing main residence and guest house, which are impressively approached by a long meandering tree-lined drive. With the grace of Old Mediterranean architecture, the three bedroom main residence, showcases gorgeous views from all of its rooms, balconies, and expansive covered/open patios.

The accompanying four bedroom guest house includes a club/entertainment room, gym, and three bay garage. Adjoining the main property, the additional 6½-lot offering comprises 43,631± square feet of land with 480± feet of waterfront, and includes an existing tennis court and detached five-bay garage. Acquisition of this important holding in its entirety affords a once-in-a-lifetime opportunity to transform Fort Lauderdale’s largest waterfront assemblage into a signature compound of peerless privacy and magnificence.

Premier Estate Properties

Old Fort Lauderdale
2424 East Las Olas Boulevard, Fort Lauderdale, FL 33301
Direct Line: 954.449.7875
Office Number: 954.525.0018
Julie Jones, Broker Associate