Y100 host sells Southwest Ranches estate

16875 Stratford Court
16875 Stratford Court

A sprawling, 10,123-square-foot estate in Southwest Ranches, home to local radio host “Mobile Mike,” sold to the founder of a pharmaceutical company, The Real Deal has learned.

The Landmark Ranch Estates mansion, once the former home of Dwayne “The Rock” Johnson and later Miami Dolphins player Vernon Carey, has six bedrooms, six bathrooms and two half-baths, and sits on 2.3 acres.

Jason Kapit

Jason Kapit

The buyer was Serge Francois, according to Broward County records. Francois is the founder of Atlantic Pharmacy & Compounding, a Pompano Beach-based pharmaceutical company, according to LinkedIn.

The French-inspired chateau features a home theater, five-car garage, yoga studio, offices and a wine bar, according to a press release.

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Jason Kapit of EWM Realty International was the listing agent. Kapit told TRD that the $3.6 million sale is indicative of the market’s strength.

“Mobile Mike,” who works with Y100, paid $3 million in April 2013, marking a 20 percent increase for the sale this spring, according to Broward County property records. Landmark Custom Homes developed the mansion in 2008.

The seller was Southwest Global Land Trust, headed by Kevin L. Hagen.

There are 45 homes within Landmark Ranch Estates, a private community in the equestrian-friendly Southwest Ranches. Kapit is the community’s exclusive listing agent.