Sold within 5 weeks at a live, 9-bidder auction (after failing to receive an offer in four consecutive years on the market) for the highest price in Fort Lauderdale’s summer season of 2016!
By the
Numbers
Residence
Beds
Full Bath
Half Bath
+/- Square Feet
Lot
0.52+/- Acres
Water Frontage
300Linear Feet
Details &
Description
This magnificent estate represents one of the very few “point lot” properties available for sale in Fort Lauderdale. Located in one of the city’s most desirable waterfront communities – the Las Olas Isles – the Property enjoys southeastern exposure, with ample frontage directly on the New River/Intracoastal Waterway (“ICW”). With approx. 300 feet of total, deep-water frontage (150 feet on the ICW and 150 feet on a private canal), the Property is sure to impress even the most avid yachtsman. The estate’s dockage can easily host a +140-foot yacht, or several small-to-midsize vessels.
Built originally for Dick Yuengling (of the D.G. Yuengling & Son beer empire), the Mediterranean-inspired estate offers nearly 11,800 interior square feet, with 6 bedrooms, 7 full and 2 half baths. There are two main living levels, with an additional entertainment lounge and terrace forming a partial third level. Additional features include a grand entry with two-story foyer, a primary and “junior” master suite (with the third level convertible to a third suite), three wet bars, a four-vehicle garage (with room for added lifts), gourmet kitchen, fitness center, 2,000-bottle wine room, and multiple terraces for waterfront relaxation.
The Property’s grounds feature a gated entry, Chicago brick pavers, a waterfront pool and spa with a large deck/patio, and canal-side dockage with dual power sources and an electric lift for jet skis or small craft.
Its southeastern exposure provides for a gentle breeze throughout the year, cooling the outdoor living areas.
Contact Platinum for a detailed Case Study of this luxury auction®.
Due
Diligence
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Property co-listed and sold in cooperation with the Tim Elmes Group | Waterfront Estates, of Coldwell Banker Residential Real Estate, in Fort Lauderdale, FL. Listing Agent Tim Elmes. Platinum Luxury Auctions LLC is a licensed Florida Real Estate Corporation (CQ1036963), licensed Florida Auction Business (AB2956) and an auction-marketing firm. Bid calling by Florida Real Estate Broker Trayor R. Lesnock (BK3118083).
