Rising

Rising: permitted and not yet finished, with a live permit (the city extends it at each passed inspection) or city records in the past 90 days

Waterfront
Custom

Custom: a company owns the lot, but nothing on record says it’s being built to sell.

500 Coral Way

Las Olas Isles, Fort LauderdaleBuilt by REI Construction4 bd · 8 ba · 3 story · 3-car garage
500 Coral Way in January 2026500 Coral Way in January 20242024 · Broward County · Broward Co.2026 · Broward County · Broward Co.

Drag to compare the lot in January 2024 with January 2026. The pink line is the surveyed parcel boundary.

Where it stands

Last city record Nov 9, 2026
Estimated completionMay 2027 – Jan 2028From the permit date, with the middle half of build times for waterfront homes. An estimate, not the builder’s commitment.

The numbers

From deeds, the permit and the parcel roll
Likely to sell for$9.75–13.6MOur estimate from the lot’s price and what new homes nearby sold for. Not an appraisal or the builder’s price. How we estimate it
Lot purchase
$3.4M Mar 2024
Lot resold
$3.75M May 2026 · the land changed hands, not a finished-home sale
Lot size
10,500 sf 0.24 acres
Declared permit value
$995K as declared; real cost runs well higher
Home size
Not yet on the tax roll
Plan
4 bd · 8 ba · 3 story
Flood zone
AE base flood elevation 7 ft
Waterfront
Yes parcel touches a mapped waterway
Ownership
Company-owned lot likely a custom home

Against the market

Fort Lauderdale · since 2021
Build time, months from permit
0 mo30 mo60 mo

26 months since the permit. A typical waterfront home in Fort Lauderdale takes 33.1; the middle half take 26.6–39.9.

Lot price vs. new-build lots in Las Olas Isles
$0$5.51M$11M

This lot cost $3.4M. The median new-build lot in Las Olas Isles went for $2.75M (21 lots).

  • This home
  • Middle half, Fort Lauderdale waterfront

    95 waterfront homes in Fort Lauderdale permitted 2021–2023, from the permit application to the certificate-of-occupancy packet.

  • Median
How we calculate this

Construction log

9 city records
  1. Foundation: spot survey filedSpot Survey · Complete
  2. MiscellaneousIn Review
  3. Foundation: termite pre-treatment certifiedTermite Treatment Certification · In Review
  4. Foundation: soil and pile report filedSoil Bearing Capacity Certification with Density Report or Pile Log · In Review
  5. Plan RevisionAwaiting Client Reply
  6. Structural permitStructural Permit · Open
  7. New-home permit filedResidential New Construction Permit · Issued
  8. Dock or seawall permitBoatlift-Dock-Seawall-Pile Permit · About to Expire
  9. Demolition permitDemolition Permit · Expired

Permit BLD-RNC-24090278 on LauderBuild: “NEW 3 STORY SINGLE FAMILY RESIDENCE- 4 BEDROOMS, 8 BATHROOMS WITH A 3 CAR GARAGE AND AN ELEVATOR”

Nearby

More new homes nearby

All 22 in Las Olas Isles →

Also close by: 441 Isle Of Palms Dr · 541 San Marco Dr · 430 Isle Of Palms Dr · 330 San Marco Dr · 515 Lido Dr · 630 Isle Of Palms Dr