“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics.
The Florida Panthers may or may not win the Stanley Cup this month — at the time of this writing, they are up 3-2 in the finals, but have lost two straight games. Regardless of what happens on the ice, the team and its players have enjoyed an extraordinary run of success marked by smart business decisions, strong investments in their home base of Broward County, and a massive economic impact. We explore the Panthers’ real estate and business power plays in this edition of “South Florida by the numbers.”
$11.3 million
Price for two Auberge Beach Residences & Spa condos owned by Panthers owner Vincent Viola in 2022, sold to the owner of a local commercial real estate syndication company. (Viola and his wife, Teresa, purchased the two units for $10 million in 2019.) In addition to owning the Panthers franchise and investing in real estate, Viola is the founder and chairman emeritus of Virtu Financial, a New York City-based high frequency trading firm. [TheRealDeal]
6,700
Square footage of a waterfront Fort Lauderdale house purchased by Panthers goalkeeper Sergei Bobrovsky for $4.5 million in 2019. The five-bedroom, five and one-half bathroom home was originally listed for $6.35 million in October 2017, and a series of price cuts lowered the asking price to $4.94 million. [Realtor.com]
74
Age of Fort Lauderdale’s War Memorial, recently renovated as part of the team’s brand new $65 million Baptist Health IcePlex in Fort Lauderdale. The venue includes two NHL quality ice rinks (one for team practices, the other for public skating, youth and adult club hockey, and skating instruction); Pantherland, a 7,500 square foot retail shop; The Federal bar and restaurant; and a live entertainment venue with a capacity of 3,400. The Panthers’ corporate offices will remain at Amerant Bank Arena in Sunrise, and the team will continue to support its IceDen in Coral Springs. [Sun-Sentinel]
$110 million
According to the Fort Lauderdale Downtown Development Authority, the Panthers’ economic impact on the local community over the past two seasons, during which they have reached the Stanley Cup Finals. (The South Florida Business Journal also estimated that $11 million was generated from the first two games of this series alone, with hotels reportedly seeing double-digit increases in occupancy.) [FoxBusiness]
$760
Per-square-foot price of Florida Panthers defenseman Aaron Ekblad’s Las Olas Isles home, purchased for $5.7 million in 2017. The 7,500-square-foot home on 440 San Marco Drive comes with an atrium, library, media room and recreation room, plus 100 feet of water frontage, a pool and spa. [TheRealDeal]
This column is produced by the Master Brokers Forum, a network of South Florida’s elite real estate professionals where membership is by invitation only and based on outstanding production, as well as ethical and professional behavior.