Cays Realty
516 Mola Avenue, Fort Lauderdale, FL 33301 — MLS photo

Get More Info About This Property

516 Mola Avenue, Fort Lauderdale, FL 33301

Active · SingleFamilyResidence

$39,999,999

516 Mola Avenue, Fort Lauderdale, FL 33301

Beds
6
Baths
9
Living area
9,995 sq ft
$ / sq ft
$4,002/sq ft
Year built
2020
Lot size
37,526 sq ft
HOA fee
—
Annual tax
$192,155

About this property

516 Mola. FTLs most unique, gated Peninsula Estate designed by renowned architect Max Strang & built by Bomar Builders, situated on 0.86 acres. Find panoramic views, a combined 640' of WF, a jaw-dropping floating Cantilever design & even a pickleball court! Notice a harmonious fusion of modern aesthetics and organic elements paired w/interior design by DKOR, crafted to complement the natural surroundings. Floor-to-ceiling windows & skylights grant natural light & Chef's Kitchen w/ hidden prep pantry w/ formal dining are perfect for entertaining. Be wowed by the Primary Suite's balcony w/New River views, gym, sitting room/office, expansive closet & spa-like bath. Home features include a full Apartment suite, movie theater, wet bar, European white oak wood floors & Savant/Lutron home system.

Property location

Get Directions

516 Mola Avenue, Fort Lauderdale, FL 33301

Loading property location…

Facts & features

Interior

Bedrooms
6
Bathrooms
9
Living area
9,995 sq ft
Flooring
Hardwood, Wood
Appliances
Some Gas Appliances, Dryer, Dishwasher, Electric Range, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Wet Bar, Built In Features, Bedroom On Main Level, Breakfast Area, Bathtub, Dining Area, Separate Formal Dining Room, Dual Sinks, Eat In Kitchen, First Floor Entry, Kitchen Island, Main Level Primary, Sitting Area In Primary, Shower Only, Upper Level Primary, Bar, Walk In Closets, Pantry, Skylights
Furnished
Furnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2020
Stories
2
Lot size
37,526 sq ft
Architectural style
Two Story
Roof
Concrete
Construction
CBSConcrete Block Structure, Block
Exterior features
Outdoor Grill, Other, Patio, Tennis Courts
Pool
Heated, Pool, Private, Association, Community
Waterfront
Intracoastal Access, Ocean Access, Point Lot, River Front
View
Intercoastal, River

Parking

Garage spaces
8
Covered spaces
8
Parking features
Driveway, Garage, Paver Block, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Amenities
Boat Dock, None, Pool
Annual tax
$192,155
Subdivision
Venice 6-4 B
County
Broward
Days on market
334
MLS listing ID
F10535487
Listing status
Active

Virtual tour

Explore 3D / Virtual Tour

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

-$113,775

Cap rate
2.3%
Net yield
2.3%
Cash-on-cash return
-12.2%
Gross yield
3.8%
Mortgage payment
$189,620/mo
Down payment
$10,000,000
Loan amount
$29,999,999
Annual NOI
$910,148

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