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 Articles

2001-2005 West Cypress Creek Road, Alex D. Zylberglait

Office complex near Fort Lauderdale airport sells for $7M

The property and Jonathan Salk (Credit: Google Maps)

Liberty Property Trust sells Fort Lauderdale industrial buildings

Jorge Perez and the development site

Related buys dev site in downtown Fort Lauderdale

Carlos Rodriguez Sr., Carlos Rodriguez Jr. and a rendering of Home 2/Tru by Hilton

Driftwood, Merrimac close first Opportunity Zone deal in Flagler Village

Stuart Lazier and the Wawa in Fort Lauderdale

Fort Lauderdale Wawa sells for $7M

Jorge Perez and New River Yacht Club III

Related Group nabs $48M loan for downtown Fort Lauderdale apartments

421 Northeast Sixth Street and Henry Pino

Alta scores $128M loan for Flagler Village apartments

The proposed plan for 901 Southeast 17 Street

Trion Group buys dev site near Port Everglades for $11M