SoFla insurance magnate sells waterfront Fort Lauderdale home for $8M

The five-bedroom Harbor Beach house was built last year

Aug.August 27, 2019 11:30 AM
Julie Jones-Bernard and 19 Isla Bahia Drive (Credit: Pintrest)

Julie Jones-Bernard and 19 Isla Bahia Drive (Credit: Pintrest)

South Florida insurance magnate Richard Hull sold a second Fort Lauderdale house for $8.1 million, a month after selling a waterfront estate that marked one of the city’s most expensive residential real estate sales of the year.

Hull, who founded Fort Lauderdale-based Hull & Co., a wholesale insurance brokerage, sold the 7,221-square-foot property at 19 Isla Bahia Drive for $1,121 per square foot, records show. Robert and Michele Powers bought the waterfront home.

The five-bedroom house is in the gated Harbor Beach community and has a large poolside loggia, outdoor living room fireplace and summer kitchen. It also features a downstairs master suite, a library, and a second-level guest suite.

Both the buyer and the seller were represented by Julie Jones-Bernard with Florida Luxurious Properties, according to

The house was built in 2018. Hull had purchased the land for $2.8 million in 2014, records show.

Jones-Bernard said the sale is indicative of growing demand for new construction of Britiish West Indies and Coastal Indies-style homes in Fort Lauderdale.

“For some people, Miami is becoming very busy and a lot of families realize they can have the same lifestyle in Fort Lauderdale,” Jones-Bernard said.

In July, Hull sold a 11,169-square-foot home at 2401 Del Lago in Fort Lauderdale for $13 million to a former CEO of a software company.

This year, Fort Lauderdale has seen a slew of high-profile deals. In June, the founder of Pet Supermarket bought the Fort Lauderdale estate of the late H. Wayne Huizenga at 1575 Ponce de Leon Drive in Fort Lauderdale for $14.3 million.

In May, used car dealer Mark and Eileen Fisher paid $17.4 million – including the buyer’s premium – for the 27-room, 17,000-square-foot mansion at 534 Bontona Avenue in Fort Lauderdale.

Related Article


Jeffrey Soffer taps ex-Turnberry CEO to lead resi division, PMG and Greybrook big loan for co-living tower: Daily digest

Greg Pinkalla and ORA Flagler Village Apartments (Credit: Google Maps)

Fairfield Residential sells new Flagler Village apartments for $92M

Clockwise from left: Jason Hochman, Dominic Montazemi, Miguel Alcivar, Michael Ciadella, and Scott O’Donnell with 2601 Building

Netz USA sells Fort Lauderdale office building to NAI/Merin fund

Douglas K. Mandel, Elon D. Gerberg, Howard Bregman and Joseph Granteed

Elysee Investments scores Fort Lauderdale retail center for $16M

$634M public-private partnership proposed in Dania Beach, buyer at luxury condo project in Pompano Beach sues developer: Daily digest

2506 Barcelona Drive, Michelle Esposito of Douglas Elliman, Tim Elmes of Coldwell Banker

Troubled timeshare exit firm’s execs sell Fort Lauderdale spec home

Jenna and Keith Keltner, 1749 Southeast 13 Street Fort Lauderdale (Credit: V’s Barbershop)

Member of Yankee Clipper hotel family sells Fort Lauderdale estate for $10M

Modera 555 and William MacDonald

Mill Creek moves forward with Modera 555 in Flagler Village