Terry Stiles’ widow sells Fort Lauderdale waterfront mansion for $10M

Miami /
Apr.April 22, 2019 03:30 PM
 

Terry Stiles and 776 Southeast 10th Street (Credit: Realtor)

Jamie Stiles, widow of the late commercial developer Terry Stiles, sold the couple’s waterfront Fort Lauderdale mansion for $10.1 million.

Stiles sold the 8,166-square-foot-estate at 1776 Southeast 10th Street for $1,242 per square foot, records show. The buyer is a Delaware company that lists its address as a Phoenix home owned by Mark Tkach.

776 Southeast 10th Street (Credit: Realtor)

Tkach is the CEO of RideNow PowerSports, which claims to be the largest motorsports dealer in the United States, operating over 42 dealerships across the country, according to its website.

The property has over 300 feet of water frontage and has six bedrooms and eight-and-a-half bathrooms.

Kelly Drum of Drum Realty was the listing agent for the property. It was listed in October for $13.2 million.

Terry Stiles was the chairman and CEO of Stiles Corp. He transformed Fort Lauderdale’s downtown, building the city’s tallest and most prominent office buildings. Stiles constructed the Bank of America Plaza at Las Olas City Centre in 2002 and AutoNation’s headquarters in 2006. The developer died in 2017 at age 70 after a lengthy battle with cancer.

At the time of his death, the company had built more than 43 million square feet of commercial and multifamily space across the country.

Records show the Stiles paid $8.17 million for the mansion in 2016.


Related Articles

arrow_forward_ios
Jonathan Fish and a rendering of the project

Fort Lauderdale mixed-use project eyes March groundbreaking

Fort Lauderdale mixed-use project eyes March groundbreaking
Michael and Andrea Kallberg & 400 Royal Plaza Drive, Fort Lauderdale (Credit: Google Maps)

Disaster response firm owners sell Las Olas Isles mansion at a slight loss

Disaster response firm owners sell Las Olas Isles mansion at a slight loss
Publix CEO Todd Jones and a rendering of the project

Publix in Fort Lauderdale Beach moves forward

Publix in Fort Lauderdale Beach moves forward
601-607 Northeast 29th Drive and 999 Northeast 23rd Drive (Google Maps)

Investors pay $13M for multifamily portfolio in Fort Lauderdale, Wilton Manors

Investors pay $13M for multifamily portfolio in Fort Lauderdale, Wilton Manors
Mike Napoli and 2501 Delmar Place (Getty, Coldwell Banker)

He’s out: Baseball’s Mike Napoli sells waterfront Fort Lauderdale mansion for $7M

He’s out: Baseball’s Mike Napoli sells waterfront Fort Lauderdale mansion for $7M
4 West Las Olas

Fort Lauderdale developers score $92M bridge loan for rental tower

Fort Lauderdale developers score $92M bridge loan for rental tower
John Moran Jr. and 5 Isla Bahia Terrace, Fort Lauderdale

Warehousing CEO pays $8M for waterfront Fort Lauderdale house

Warehousing CEO pays $8M for waterfront Fort Lauderdale house
Kolter’s Bobby Julien and a rendering of the project (Kobi Karp)

Kolter wins approval for oceanside Fort Lauderdale condo development

Kolter wins approval for oceanside Fort Lauderdale condo development
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...