The Real Deal Miami

Former Huizenga parcel set for home construction

Group could build two luxury residences on Fort Lauderdale property
H. Wayne Huizenga and 516 Mola Avenue

H. Wayne Huizenga and 516 Mola Avenue

A waterfront Fort Lauderdale property once owned by former Miami Dolphins owner H. Wayne Huizenga is getting prepped for the construction of two high-end homes.

The 516 Mola Avenue parcel is currently owned by a group that is taking initial steps to develop it, the Sun-Sentinel reported. Former dairy farmer Hank Pownall is part of the ownership group, which has cleared the property and is about to install a new seawall and relocate utilities underground. The broker marketing the property expects two residences to be constructed and priced between $12 million and $18 million.

Huizenga transferred ownership of a six-bedroom home, known as Casa di Fiore, on the property to a company he held a stake in five years ago. He eventually disposed of his share of that company, which sold the home for $6.4 million to the current owners in June. [Sun-Sentinel]Eric Kalis