Fort Lauderdale estate of Huizenga heads to auction

The 1.4-acre home is listed for $27M

Billy Nash and an Aerial shot of 575 Ponce De Leon Drive
Billy Nash and an Aerial shot of 575 Ponce De Leon Drive

The massive Fort Lauderdale waterfront estate of the late H. Wayne Huizenga is heading to auction after hitting the market last year for $27 million.

The 20,653-square-foot estate at 1575 Ponce De Leon Drive could be one of Fort Lauderdale’s largest residential sales. The auction will take place on March 26 through March 28 though Concierge Auctions and Billy Nash of the Nash Group at The Keyes Company.

The property will sell at auction without reserve, meaning bidding will start without a minimum bid price.

Nash said he is seeing interest from local buyers as well from international buyers from Asia and Europe. The property, with over 590 feet of riverfront access, can hold a 135-foot mega yacht, which Nash said is almost unheard of for residential properties in Fort Lauderdale.

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H. Wayne Huizenga

Other features in the 10-bedroom, five-building property include a resort-style pool overlooking the New River and a three-story gazebo with clocktower. It also has a kitchen with a wood-burning pizza oven, a French-inspired glass conservatory, a guest apartment, an elevator, a gym, a theater, and a billiards room, according to a press release.

Huizenga had built a business empire in South Florida. He founded three publicly traded companies — AutoNation, Waste Management and Blockbuster Video. He also owned three of South Florida’s professional sports teams, the Miami Dolphins, Florida Panthers and the Florida Marlins.

Huizenga died last year at age 80 after a battle with cancer.