Marine towing magnate’s trust sells waterfront Fort Lauderdale home

The property is across the canal from Pier Sixty-Six Hotel and Marina

TRD MIAMI /
May.May 23, 2019 11:30 AM
2520 Mercedes Drive, Fort Lauderdale

2520 Mercedes Drive, Fort Lauderdale

The trust of a towboat company magnate sold a waterfront Fort Lauderdale estate for $8.1 million.

The trust of James Ronald Hunter, the founder of Nashville, Tennesee-based Hunter Marine Transport, sold the 7,029-square-foot home at 2520 Mercedes Drive for $1,152 per square foot, records show.

The buyers are Jacques Poitras and Lisette Gagnon.

The house is in the ritzy enclave of Harbor Beach and has 100 feet of water frontage on a canal. It has five bedrooms, five bathrooms and three half-baths. Built in 2017, the house overlooks Pier Sixty-Six Hotel and Marina.

Both the buyer and seller were represented by Tim Elmes with Coldwell Banker Residential Real Estate – Fort Lauderdale Las Olas.

Hunter founded Hunter Marine in 1976 after he purchased a small towboat that he named after his mother. He grew the business to include more boats and barges, and later diversified his business by buying a large riverside bulk terminal in metro Nashville. Hunter died in 2017.

Harbor Beach is home to a number of expensive homes. David Sokol, a former executive at Berkshire Hathaway, paid $19.9 million in 2017 for a 13,000-square-foot waterfront mansion at 2400 Del Lago Drive.

Also close by, TGM Associates bought the 394-unit Broadstone Harbor Beach apartment complex in March for $136 million.


Related Articles

arrow_forward_ios
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
Michael Wekerle & 1000 Riviera Isle Drive (Credit: Google Maps and Isaiah Trickey/FilmMagic via Getty Images)

Fort Lauderdale estate built for Anheuser-Busch CEO hits the market at $19M

Fort Lauderdale estate built for Anheuser-Busch CEO hits the market at $19M
Jared Galbut, Bodega Taqueria

Menin plans major expansion of Bodega Taqueria

Menin plans major expansion of Bodega Taqueria
100 Las Olas & Pietro Belmonte, Marc Brandt, Gigi Giusti

Douglas Elliman takes over sales of 100 Las Olas from OneWorld Properties

Douglas Elliman takes over sales of 100 Las Olas from OneWorld Properties
Dev Motwani & 317 North Federal Highway

Dev Motwani buys Fort Lauderdale dev site for $14M

Dev Motwani buys Fort Lauderdale dev site for $14M
arrow_forward_ios

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

Loading...