Chicago buyer pays record $15M for planned Southwest Ranches home
Bill Weiland’s company works with natural products suppliers
Another Chicago buyer is trading cold winters for year-round warm weather.
Bill Weiland, owner of the nation’s biggest natural products broker, is buying a custom estate in Southwest Ranches for $15.4 million, which marks a record for the Broward County town, The Real Deal has learned. The previous record was held by the $11.5 million sale in 2020 of a much larger residential plot at 15990 Griffin Road.
An LLC tied to Weiland of South Barrington, Illinois, paid about $1.8 million for a 2-acre non-waterfront lot at AKAI Estates, a new luxury single-family home community, records show. The buyer paid an additional $13.7 million for the home, which has yet to be completed.
Weiland owns Presence Marketing/Dynamic Presence, which works with suppliers for Whole Foods Market, Right Rice and Organic India, according to its website.
Alex Yokana, Jairo Vela, and Amos and Michael Sochaczevski are developing AKAI Estates, a 44-acre community with 16 planned homes. Compass’ Bento Queiroz Team is leading sales of the project, according to a press release.
The developers, who declined to name the buyer but confirmed he is from Chicago, expect to break ground on Weiland’s home in October. Records show he closed on the land in July.
The three-story, 16,000-square-foot house will have six bedrooms, eight and a half bathrooms, a two-bedroom guest house, basketball court, a nearly 5,000-square-foot pool and a spa. Vaso Vieira designed the mansion.
A number of celebrities and pro athletes have called Southwest Ranches home, including Dwayne “The Rock” Johnson and rapper Trippie Redd. The town is in western Broward, north of Pembroke Pines.
Other buyers at AKAI include Prasad Hedge, COO of Miami-based 777 Partners, and his wife Ruby, who paid $8 million for land and a planned estate.
The developers acquired the site in 2014 and launched sales in 2020.