The Real Deal Miami

Andrew Heller gets Fort Lauderdale manse for $15M

Venture capital firm principal acquires six-bedroom waterfront home, obtains $9M loan

May 30, 2014 11:15AM
By Eric Kalis

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1 Isla Bahia Drive (inset: Andrew Heller)

1 Isla Bahia Drive (inset: Andrew Heller)

A waterfront Fort Lauderdale mansion was acquired by longtime venture capital and private equity firm executive Andrew Heller for $15 million, The Real Deal has learned.

Heller bought the 1 Isla Bahia Drive home in a transaction recorded on Thursday, according to Broward County records. The six-bedroom, 12,428-square-foot manse was constructed in 1998. Heller, the principal of Heller Capital Corp., received a $9 million loan from Goldman Sachs Bank USA for the purchase.

SRUN Consultants of Fort Lauderdale sold the mansion to Heller. Julian Cohen signed the deed as president of the company. SRUN paid $15.5 million for the 0.58-acre property in May 2008.

The mansion includes seven full bathrooms, a four-car garage, a swimming pool and private dock access. A two-story guest house is located on the property.

Sheryl Hodor of Berkshire Hathaway HomeServices Florida Realty listed the home for sale.

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