Software CEO buys waterfront Fort Lauderdale home for $6M

The house has been on and off the market for four years

Miami /
Sep.September 03, 2020 03:30 PM
2325 Desota Drive in Fort Lauderdale and Bryan T. Rich (Realtor, Linkedin)

2325 Desota Drive in Fort Lauderdale and Bryan T. Rich (Realtor, Linkedin)

The chairman and CEO of SmartEquip bought a waterfront home in the Seven Isles neighborhood of Fort Lauderdale for $6.1 million.

Bryan Rich, and his wife, Judy, purchased the 6,071-square-foot house at 2325 Desota Drive from Moshe Manoah, principal and co-founder of Crown Holdings Group, and his wife, Nava Manoah, records show. Atlanta-based Crown Holdings is a real estate group that acquires and develops commercial and residential real estate in the Southeast, according to its website.

The six-bedroom, seven-and-a-half bath house sits on almost half an acre of land. It was designed by luxury interior designer Steven G. and boasts 160 feet of water frontage with room to dock a yacht, according to the listing.

Jodi Macken of Macken Real Estate had the listing. The home had been on and off the market since 2016, when it was listed for nearly $9.5 million. The house was built in 2016 and 2017.

Records show the Manoahs paid $2.4 million for the property in 2014.

Rich heads SmartEquip, a software company mainly catering to the construction industry. The company, based in Norwalk, Connecticut, was founded in 2000. Rich has been the CEO since 2010, according to the company’s website.

Last month, two high-priced waterfront homes sold in Fort Lauderdale. A Phoenix auto magnate bought the house at 1 Pelican Drive for $9 million, and a management consultant bought the waterfront house at 623 Middle River Drive for $6.8 million.


Related Articles

arrow_forward_ios
Brightline CEO Patrick Goddard with the Northwest Second Street development site (Goddard via LinkedIn, Google Maps)
New buyer aboard: Brightline parent sells sites near Fort Lauderdale station
New buyer aboard: Brightline parent sells sites near Fort Lauderdale station
Rendering of the project and the location for the development (Google Maps, Native Realty)
Former Fort Lauderdale church site to be reborn with offices, retail
Former Fort Lauderdale church site to be reborn with offices, retail
Yacht Haven Park & Marina in Fort Lauderdale sells for $58M
Yacht Haven Park & Marina in Fort Lauderdale sells for $58M
Yacht Haven Park & Marina in Fort Lauderdale sells for $58M
Alan Jay Wildstein and the waterfront house (Alan Jay Automotive Network, Elmes Group Waterfront Estates)
Car dealership mogul sells waterfront Fort Lauderdale home for $8M
Car dealership mogul sells waterfront Fort Lauderdale home for $8M
Guillermo Lasso and the Asia Brickell Key condo in Miami
Ecuadorian president’s alleged Florida real estate ties raise questions
Ecuadorian president’s alleged Florida real estate ties raise questions
Florida Panther Keith Yandle and his Fort Lauderdale house (Getty, Compass)
Score: Professional hockey player Keith Yandle sells waterfront home in Fort Lauderdale for $6M
Score: Professional hockey player Keith Yandle sells waterfront home in Fort Lauderdale for $6M
Michael Wekerle and the Fort Lauderdale property (Getty, Compass via Douglas Elliman)
TV personality Michael Wekerle sells Fort Lauderdale mansion for $17M
TV personality Michael Wekerle sells Fort Lauderdale mansion for $17M
Keith E. Polaski and Sarah Valentini of Radius Financial Group and the Fort Lauderdale home (Radius, Compass Florida)
Mortgage lenders sell waterfront Fort Lauderdale vacation home for $6M
Mortgage lenders sell waterfront Fort Lauderdale vacation home for $6M
arrow_forward_ios

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

Loading...