Reno real estate magnate buys Fort Lauderdale Beach estate

Don R. Norman paid $8.1M for the mansion that features 375 feet of water frontage

TRD MIAMI /
Mar.March 07, 2019 02:30 PM

Don Roger Norman and 2623 Delmar Place (Credit: Realtor)

UPDATED March 7, 5:15 p.m.: A Reno, Nevada real estate magnate bought a waterfront estate in Fort Lauderdale Beach for $8.1 million.

A company tied to Don R. Norman, who owns one of the largest industrial centers in the world, bought the 8,812-square-foot mansion for $917 per square foot, records show. Norman bought the luxury property from Gerald and Yvonne Conrad through an auction.

The home features 375 feet of water frontage, and has about 210 feet of yacht dockage, according to Realtor.com. The estate was built in 1998. It has seven bathrooms and eight-and-a-half bathrooms and sits on 0.69 acres.

It was last purchased for $6.4 million in 2010, records show. The property was first listed in 2018 for about $13 million. It was sold via an auction by DeCaro Auctions International in late January.

Norman owns the Tahoe-Reno Industrial Center, a massive 107,000-acre industrial complex that houses Tesla, Google and the data center company called Switch.

Tim Elmes with Coldwell Banker Residential Real Estate – Fort Lauderdale Las Olas represented the seller. Elmes  also represented the buyer.

Another large Fort Lauderdale estate is about to hit the auction block. The Fort Lauderdale waterfront estate of the late H. Wayne Huizenga will head to auction in late March. The 20,653-square-foot estate at 1575 Ponce De Leon Drive could be one of Fort Lauderdale’s largest residential sales.


Related Articles

arrow_forward_ios
Renderings of the penthouse and Fredrik Eklund (Credit: Four Seasons Private Residences Fort Lauderdale)

Fredrik Eklund tapped to list $35M PH in Fort Lauderdale

Alan Hooper and 516 Northwest 1st Avenue (Credit: Google Maps)

FATVillage developer buys missing piece for mixed-use project

Bridge Development Partners partner Southeast Region Kevin Carroll and 3233-3303 Southwest 12th Avenue Fort Lauderdale

Bridge Development sells Fort Lauderdale warehouses for $28M

2300 Aqua Vista Boulevard (Credit: Realtor)

Crane mogul drops $12M on waterfront Fort Lauderdale mansion

400 Northeast Third Avenue, Morgan Group CEO (Credit: Google Maps)

TA Realty drops $112M on apartments in Flagler Village

Matthew Rieger and a rendering of Village View

HTG scores financing for Fort Lauderdale senior affordable housing

Rendering of the project, Victor G. Harvey, Sr. and Flo Rida

Flo Rida is building a vodka distillery in Fort Lauderdale Opportunity Zone

John Sasso and 1020 Northeast 7th Avenue (Credit: Google Maps)

Fort Lauderdale apartment portfolio sells for $10M

arrow_forward_ios
Loading...