Trust of late wife of Wendy’s founder sells Fort Lauderdale estate

The 13K sf estate has 183 feet of deep water dockage

1 Bay Colony Drive with Dave and Lorraine Thomas (Credit: Wendy's)
1 Bay Colony Drive with Dave and Lorraine Thomas (Credit: Wendy's)

The trust of the late wife of Wendy’s founder Dave Thomas sold a waterfront estate in Fort Lauderdale for $7.3 million.

The trust of I. Lorraine Thomas sold the 13,446-square-foot estate at 1 Bay Colony Drive for $542 per square foot, records show. A company tied to attorney Gregory A. McLaughlin bought the property.

The estate has 183 feet of deep water dockage. It features a five-car garage and private staff quarters with separate entrance, two offices, a home theater and a custom pool. It has seven bedrooms and eleven bathrooms. The home was built in 1970, records show.

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Thomas, whose husband founded Wendy’s Old Fashioned Hamburgers in 1969, was known as the First Lady of Wendy’s. She was a prolific donor to philanthropies in Broward County, including donating $1.5 million to Broward Health to help expand its children’s hospital, according to the Sun Sentinel.

The buyer and the seller were represented by Janette Pearson of Woods & Associates Realty.

February has been a hot month for Fort Lauderdale’s luxury residential market.

This week, Pharmaceutical mogul Bruce Paddock sold a 12,938-square-foot estate at 1831 Southeast 9th Street for $1,584 per square foot, records show. Earlier this month, two houses sold in the Harbor Beach neighborhood for $8 million and $11 million.