Waterfront home in Fort Lauderdale’s Harbor Beach sells for $11M

It’s the second luxury home to sell in Harbor Beach this week

TRD MIAMI /
Feb.February 20, 2020 05:30 PM
Kevin R. Kreutzfeld of Premier Estate Properties and 1408 West Lake Drive

Kevin R. Kreutzfeld of Premier Estate Properties and 1408 West Lake Drive

A new waterfront house in Fort Lauderdale’s Harbor Beach sold for $10.9 million, marking the second luxury home sale this week in the upscale neighborhood.

A company managed by Leslie Melamed of Delray Beach sold the 7,653-square-foot estate at 1408 West Lake Drive for $1,424 per square foot, records show. Albert Lepage bought the house.

Lake Worth-based Wightman Construction completed the home in 2019. It has six bedrooms, eight bathrooms and features a master suite with lounge fireplace, a spa-like bath and a private waterfront terrace. It also has an entertainment club room with a sky deck, a pool, summer kitchen and 100 feet of deepwater frontage on Lake Sylvan.

It was last listed for $11.5 million in December.

The listing agent was Kevin R. Kreutzfeld of Premier Estate Properties, and the buyer’s agent was Kent McIntyre of Douglas Elliman.

The property last traded for $800,000 in 2017.

Fort Lauderdale’s luxury home market is seeing heightened interest as more wealthy buyers from the Northeast are buying homes and moving to Florida due to the tax advantages.

Earlier this week, an auto dealer picked up a new waterfront home for $7.8 million at 22 Isla Bahia Drive in Fort Lauderdale’s Harbor Beach.

A waterfront mansion in Fort Lauderdale featuring a full stock trading room at 220 North Compass Drive also sold this week for $11.5 million.

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.


Related Articles

arrow_forward_ios
827 South SR 7, Fort Lauderdale & 1200 South Congress Ave, West Palm Beach (Credit: Google Maps)

Off Lease Only sells two South Florida locations for $50M

Off Lease Only sells two South Florida locations for $50M
Grant Cardone and 3300 Port Royale Drive North, Fort Lauderdale (Credit: Google Maps)

Grant Cardone nabs waterfront Fort Lauderdale apartment complex

Grant Cardone nabs waterfront Fort Lauderdale apartment complex
Kenneth Stiles and a rendering of Novo Las Olas

Preleasing begins at Novo Las Olas in downtown Fort Lauderdale

Preleasing begins at Novo Las Olas in downtown Fort Lauderdale
2325 Desota Drive in Fort Lauderdale and Bryan T. Rich (Realtor, Linkedin)

Software CEO buys waterfront Fort Lauderdale home for $6M

Software CEO buys waterfront Fort Lauderdale home for $6M
450 Northeast Fifth Street (Credit: Google Maps)

Jenco Properties pays $68M for Flagler Village apartments

Jenco Properties pays $68M for Flagler Village apartments
410 Southeast 16th Court, Fort Lauderdale

Fort Lauderdale apartment building get TCO, begins leasing

Fort Lauderdale apartment building get TCO, begins leasing
Landing CEO Bill Smith (Linkedin, iStock)

Rental membership startup Landing lands in South Florida

Rental membership startup Landing lands in South Florida
1 Pelican Drive, Tim Elmes and Addison Ruff of Compass, Kelly Drum of Drum Realty

Auto magnate buys waterfront Fort Lauderdale house for $9M

Auto magnate buys waterfront Fort Lauderdale house for $9M
arrow_forward_ios

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

Loading...