Entrepreneur pays $7M for new Fort Lauderdale manse

Mansion was sold by Fort Lauderdale homebuilder

Jan.January 13, 2016 03:05 PM

The 1960s home that formerly occupied the site on Royal Palm Drive in Fort Lauderdale

UPDATED Sept. 3, 11:50 a.m.: high-flying Danish airplane entrepreneur just put down $7.4 million for a newly built Fort Lauderdale mansion.

Martin Moeller Nielsen, who founded the NAC airplane leasing and trading company in Denmark, was recorded Tuesday as the buyer of a home on Royal Plaza Drive in the glamorous East Las Olas neighborhood of Fort Lauderdale. His company’s fleet includes more than 200 turboprop aircraft.

The property was sold by a local company called 2717, with Fiorenna and Aldo Israel as its managing members. Aldo Israel is a real estate developer who operates through his company Premier Home Builders, which builds luxury houses in South Florida.

Broward County records show the homebuilder paid $1.55 million for the aging 3,916-square-foot home on the property in July of last year. Soon after, Israel knocked down the house and started construction on a new mansion.

The new home never officially hit the MLS, so details are scarce. What’s known is that the house is two stories with seven bedrooms, eight bathrooms and a two-car garage. A new dock was also built as part of the development.

Nielsen owns a home in both Tampa and London, according to a Danish national newspaper. He could have a preference for waterfront real estate — Florida records show his Tampa home faces a lake in a small gated community.

Related Articles

Alex Rodriguez (Credit: Getty Images and iStock)

Work out like A-Rod? Athlete inks Midtown Miami lease for UFC Gym

1771 North View Drive, Julian Johnston, Enrique Iglesias, and Caterine Gomez (Credit: Getty Images)

Enrique Iglesias’ former Miami Beach home trades for $13M

Manny Machado and Chad Carroll with 20 Tahiti Beach Island Road (Credit: Getty Images and Douglas Elliman)

Buyer revealed: Baseball player Manny Machado buys Tahiti Beach Island manse

From left: Dion Waiters, James Johnson, Erik Spoelstra, Dwayne Wade, LeBron James, Chris Bosh and Hassan Whiteside (Credit: Getty Images, iStock, Wikipedia Commons)

Heat Map: Here are the homes of Miami Heat’s elite

Dwyane Wade, Gabrielle Union and the North Bay Road home (Credit: Getty Images, Lux Hunters)

One last sale? Dwyane Wade lists Miami Beach estate for $33M

Home owned by late Miami Marlins pitcher Jose Fernandez is in foreclosure

Arnold Scaasi and his Palm Beach property (Credit: Getty Images, Realtor)

Trust of late fashion icon Arnold Scaasi sells Palm Beach estate

Nick Bosa and a rendering of 30 Thirty North Ocean (Credit: Getty Images)

NFL player buys Fort Lauderdale Beach condo