Palazzo Riviera Debuts in Fort Lauderdale as a $15.9 Million Estate Designed for Resort-Style Living

Palazzo Riviera, a gated trophy waterfront estate located at 1239 Middle River Drive in Fort Lauderdale, has officially entered the market for $15,995,000. Represented by Ana Teresa Rodriguez, founder and CEO of ATR Luxury Homes Group at Coldwell Banker Realty, the residence sits on an expansive 16,750-square-foot waterfront lot and offers approximately 11,881 square feet of total area, 100 feet of water frontage, rooftop entertaining spaces, resort-style amenities, and a private compound configuration designed to meet the evolving demands of today’s luxury buyer.

Positioned within one of Fort Lauderdale’s most desirable waterfront corridors, Palazzo Riviera, completed in 2021, reflects the continued demand for highly amenitized, move-in-ready luxury properties that combine grand entertaining spaces with private resort-style living. The estate features 10 bedrooms, 7 full bathrooms, and 4 half bathrooms, along with a separate guest residence with private entrance, private movie theater, executive office and cigar lounge with built-in exhaust, private gym, salon and glam room, rooftop terrace, and an air-conditioned garage with lifts for up to four vehicles.

Set along 100 feet of prime waterfront, the residence embraces the South Florida boating lifestyle while offering privacy, scale, and a resort-style living experience designed for both everyday comfort and large-scale entertaining.

Set behind gates, the residence opens with dramatic double-height ceilings, a sculptural staircase, and expansive living and dining areas designed to create a grand arrival experience.

Large-format Thassos marble flooring flows throughout the main living spaces, complemented by a striking book-matched marble fireplace, full marble bar, and temperature-controlled wine cellar.

The chef’s kitchen features Wolf appliances, an oversized island, breakfast area, and seamless connection to the family room, balancing functionality with elevated design for both everyday living and large-scale entertaining.

Upstairs, the primary suite functions as a private waterfront retreat featuring its own terrace, sitting area, morning bar, dual walk-in closets, and a spa-inspired bath with jacuzzi, while secondary suites throughout the residence offer en-suite bathrooms, walk-in closets, and private terraces creating a seamless balance of privacy and comfort for both residents and guests alike.

Outdoor living transforms Palazzo Rivera into a private waterfront resort. The estate features lush, manicured landscaping, a 55-foot by 30-foot pool with spa, covered entertaining terrace with motorized shutters, refrigeration, exterior laundry, cabana bath, and multiple lounge areas designed for year-round South Florida living.

A defining feature of Palazzo Riviera is its expansive rooftop terrace overlooking the waterways of Fort Lauderdale, paired with 100 feet of waterfront ideal for sport boats and day cruisers. The property was intentionally designed to merge privacy, waterfront living, and entertainment into one sophisticated residential experience.

“Today’s luxury buyer is no longer simply purchasing square footage – they are purchasing time, convenience, privacy, and a complete lifestyle experience,” said Rodriguez. “Palazzo Riviera embodies the evolution of the South Florida luxury market, where buyers increasingly prioritize turnkey living, entertainment-focused design, wellness amenities, and the ability to enjoy a resort-style environment from home.”

The listing further reinforces Fort Lauderdale’s continued evolution as one of South Florida’s most competitive luxury waterfront markets, attracting buyers seeking larger properties, waterfront living, tax advantages, and resort-style living outside of Miami Beach.

Positioned moments from Las Olas, premier marinas, Fort Lauderdale beaches, luxury shopping at The Galleria at Fort Lauderdale, fine dining, and private aviation, Palazzo Riviera offers a unique combination of privacy, scale, waterfront living, and resort-style luxury.