Fort Lauderdale mansion with stock trading room sells for $12M

The home sold for $917 psf

Miami /
Feb.February 19, 2020 10:30 AM
Niki Higgins of Douglas Elliman and 220 North Compass Drive (Credit: Douglas Elliman and Trulia)

Niki Higgins of Douglas Elliman and 220 North Compass Drive (Credit: Douglas Elliman and Trulia)

A waterfront mansion in Fort Lauderdale featuring a full stock trading room sold for $11.5 million.

Kerstin & Neil S. Schneider sold their 12,530-square-foot estate at 220 North Compass Drive for $917 per square foot. The Schneiders sold the property to Christopher and Stephanie Chen, who own the primary care provider ChenMed.

Niki Higgins of Douglas Elliman represented the seller in the deal.

The home’s stock trading room features 10 monitor screens, a news ticker and two internet providers, according to the listing. The six-bedroom, seven-and-a-half bathroom house also features a movie theater, chef’s kitchen built for four chefs, a dog spa, two laundry rooms, a wine cellar, and a library with a built-in closet humidor with a complex control system for cigars.

The estate has 250 feet fronting the Intracoastal Waterway and another 111 feet fronting a deep-water canal.

The house was built in 2005. The Schneiders purchased the property for $2.1 million in 1999.

Fort Lauderdale and Boca Raton’s luxury housing markets are seeing heightened demand. Earlier this month, the owner of a crane company picked up a waterfront mansion in Fort Lauderdale at 2300 Aqua Vista Boulevard for $12.2 million.

In October, Sebring car dealer Alan Jay Wildstein paid $6.5 million for a home at 500 Southeast 10th Street.

And 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.


Related Articles

arrow_forward_ios
Glenn C. Rice and 2700 Aqua Vista Boulevard, Fort Lauderdale (Linkedin, Google Maps)
Pharma exec sells Fort Lauderdale waterfront mansion for nearly $13M
Pharma exec sells Fort Lauderdale waterfront mansion for nearly $13M
(iStock)
South Florida resi sales jump in Q4: Elliman
South Florida resi sales jump in Q4: Elliman
Nautical Ventures Marine CEO Roger Moore and Holman Automotive CEO Brian Bates with 1400 South Federal Highway (Google Maps)
Holman sells former Fort Lauderdale BMW dealership for $6M
Holman sells former Fort Lauderdale BMW dealership for $6M
David Cassidy and 1600 South Ocean Drive in Fort Lauderdale (Getty)
David Cassidy’s former Fort Lauderdale home sells
David Cassidy’s former Fort Lauderdale home sells
ICM CEO Bruce Timm and HS Capital Fund CEO Harry Spitzer with 1901 West Cypress Creek Road, Fort Lauderdale (Google Maps)
HS Capital buys Fort Lauderdale office building for $18M
HS Capital buys Fort Lauderdale office building for $18M
Orianne Collins and 34 Isla Bahia Drive (Getty, Google Maps)
Phil Collins’ ex-wife buys waterfront Fort Lauderdale mansion amid legal battle
Phil Collins’ ex-wife buys waterfront Fort Lauderdale mansion amid legal battle
Robert Palmisano and 2623 Delmar Place (Wright Medical)
Healthcare CEO buys waterfront Fort Lauderdale mansion for $9M
Healthcare CEO buys waterfront Fort Lauderdale mansion for $9M
The Gale Hotel with Harvey Hernandez
Banyan Investment buys Gale Fort Lauderdale hotel from Harvey Hernandez
Banyan Investment buys Gale Fort Lauderdale hotel from Harvey Hernandez
arrow_forward_ios

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

Loading...