506 Victoria Terrace, Fort Lauderdale, FL 33301 — MLS photo

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506 Victoria Terrace, Fort Lauderdale, FL 33301

Active · SingleFamilyResidence

$4,750,000

506 Victoria Terrace, Fort Lauderdale, FL 33301

Beds
7
Baths
4
Living area
5,086 sq ft
$ / sq ft
$934/sq ft
Year built
1946
Lot size
8,331 sq ft
HOA fee
—
Annual tax
$55,368

About this property

Experience refined waterfront living in this impressive 5,000-square-foot Mediterranean-style two-story residence, ideally situated in the highly desirable Victoria Park neighborhood! Boasting 75 feet of prime water frontage and a 24,000-pound boat lift, this exceptional property offers the perfect blend of luxury, comfort, and the ultimate South Florida lifestyle! Nestled on a private, tree-lined, and exceptionally quiet street, this residence offers both tranquility and convenience. Enjoy direct ocean access just minutes away by boat, while also being only steps from the vibrant dining, shopping, and entertainment of Las Olas Boulevard! Being only minutes to Ft. Lauderdale Beach provides the perfect balance of peaceful living and urban accessibility! This expansive home features seven bedrooms and four bathrooms, thoughtfully designed to accommodate both elegant entertaining and everyday living. Recently updated with new porcelain and hardwood flooring throughout, the residence exudes timeless sophistication. Natural gas lanterns illuminate the entire perimeter of the home, creating a warm and inviting ambiance from day to night. Designed with volume living areas, the home is filled with abundant natural light and soaring high ceilings, creating a bright and airy atmosphere throughout. Full impact windows and doors provide both peace of mind and energy efficiency while enhancing the home's elegant aesthetic. The interior showcases abundant living areas, including a formal living room, a spacious downstairs family room, and an impressive upstairs loft/recreation area—ideal for gatherings, relaxation, or entertainment. Two fireplaces add warmth and character, while the oversized master suite serves as a private retreat, complete with a spa-style master bathroom, huge walk-in closets, and even a private theater within the suite. With its rare combination of size, location, private setting, and exceptional waterfront access, this Victoria Park residence presents an extraordinary opportunity to enjoy luxury coastal living at its finest!!

Property location

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506 Victoria Terrace, Fort Lauderdale, FL 33301

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Facts & features

Interior

Bedrooms
7
Bathrooms
4
Living area
5,086 sq ft
Flooring
Ceramic Tile, Hardwood, Wood
Appliances
Some Gas Appliances, Built In Oven, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Wine Cooler, Washer
Cooling
Central Air, Ceiling Fans, Electric, Zoned
Heating
Central, Electric, Heat Pump
Interior features
Wet Bar, Bidet, Built In Features, Bedroom On Main Level, Bathtub, Dining Area, Separate Formal Dining Room, Dual Sinks, Eat In Kitchen, High Ceilings, Jetted Tub, Kitchen Island, Main Level Primary, Main Living Area Entry Level, Sitting Area In Primary, Split Bedrooms, Shower Only, Upper Level Primary, Vaulted Ceilings, Walk In Closets, Central Vacuum
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1946
Stories
2
Lot size
8,331 sq ft
Architectural style
Two Story, Spanish Mediterranean
Roof
Spanish Tile
Exterior features
Balcony, Barbecue, Lighting, Outdoor Grill, Porch, Patio
Pool
Automatic Chlorination, Heated, Other, Pool, Private
Waterfront
Canal Access, Canal Front, Intersecting Canal, Navigable Water, Ocean Access, Seawall
View
Canal, Pool, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Circular Driveway, Driveway, Garage, Paver Block, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Amenities
Boat Dock, Pool
Security
Security System, Security System Owned, Smoke Detectors
Pets allowed
No
Annual tax
$55,368
Subdivision
VICTORIA PARK RE-AMENDED P
County
Broward
Days on market
203
MLS listing ID
B26010401
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

-$9,907

Cap rate
3.2%
Net yield
3.2%
Cash-on-cash return
-8.9%
Gross yield
5.6%
Mortgage payment
$22,517/mo
Down payment
$1,187,500
Loan amount
$3,562,500
Annual NOI
$151,326

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