Bomar's proposed Fort Lauderdale megamansion lists for $100M
Bomar's proposed Fort Lauderdale megamansion at 708 Royal Plaza Drive has hit the market for $100 million, making it Broward County's most expensive listing. The planned 15,185-square-foot Las Olas Isles estate, designed with TAO and due in 2028, offers 548 feet of water frontage on a rare point lot.
Key Takeaways
- Bomar Builders listed a proposed seven-bedroom waterfront estate at 708 Royal Plaza Drive for $100 million.
- The 15,185-square-foot home is planned for a 0.92-acre Las Olas point lot with 548 feet of frontage and completion targeted for 2028.
- At the ask, the project equates to about $6,585 per square foot; the lot last sold for $24.8 million in 2023.
- Heather Lefka of Florida Luxurious Properties holds the listing; vacant land may be sold separately.
- It tops Broward's priciest asks, ahead of an $80 million proposed Riviera Isle trophy estate.
What is Bomars proposed Fort Lauderdale megamansion asking?
The offering pairs a scarce waterfront site with plans for a finished residence, not a completed home ready for move-in. According to reporting echoed by Realtor.com, the unbuilt Las Olas Isles project sits atop the week's most expensive homes list.
Plans call for seven bedrooms, nine full baths and four half-baths across roughly 15,185 square feet. Flexible layouts target multigenerational living, with water-facing living and dining areas, a home office and guest suites.
Amenity plans include a club room, theater, commercial elevator, and a wellness center and gym with cold plunge and sauna. Outdoor features include a summer kitchen, a 150-foot pool with Jacuzzi, a guest house and a dock spanning the property.
Why does this $100 million Las Olas listing matter?
The ask makes the property Broward County's most expensive active listing, according to Zillow data cited in coverage of the deal. It displaces the prior local high-water mark: a proposed Manor at Banyan Point at 1000 Riviera Isle Drive, listed for $80 million in July.
Point-lot scarcity helps explain the premium. The 0.92-acre site occupies the entire end of the street, with sweeping 270-degree waterway views and downtown skyline vistas. Listing agent Heather Lefka called it "an exceedingly rare property."
For readers tracking luxury real estate and dream homes, the listing also signals Fort Lauderdale's push into nine-figure territory long associated with Miami and Palm Beach.
How does South Florida's ultra-luxury market compare?
Lefka said the $100 million price "hasn't surprised anyone," noting broker inquiries for both the finished residence and land-only options. She expects continued inflows from wealthy buyers relocating family offices or leaving higher-tax states.
Only three Broward listings sit above $60 million on Zillow, per the same reporting. Across the region, appetite for trophy waterfront compounds remains strong: a newly completed Boca Raton Intracoastal megamansion recently asked $125 million with a wellness wing and custom theater, underscoring how South Florida's top tier is testing new price ceilings.
Buyers weighing Bomars proposed Fort Lauderdale project will still need to underwrite construction risk through 2028, alongside the land and design package—an ask that sets a benchmark even before delivery.