Freight heir Phillip Kirschbaum sold his waterfront mansion in Fort Lauderdale’s gated Coral Ridge Country Club for $15 million, following two years of price cuts.
Records show Kirschbaum sold the house at 3080 Northeast 41st Street to the Sunrise Vistas Land Trust, with Thomas Richardson signing on behalf of the buyer.
Alexander Goldstein with Miles Goldstein Real Estate had the listing, and Todd Kirkpatrick with Whitaker Realty brought the buyer.
Kirschbaum is an attorney with Anderson and Associates in New York, and a partner in Senator International, the international freight company his father Uwe Kirschbaum founded in 1974. The shipping giant Maersk bought the company for $644 million in 2022, according to Air Cargo News.
Phillip Kirschbaum bought the Coral Ridge Country Club mansion for $13.9 million that same year, property records show. It was built on 0.6 acres in 2018 and spans 10,300 square feet, with five bedrooms and seven bathrooms, according to records. The home also has 330 feet of waterfront, a pool, a gym and a theater, the listing shows.
Kirschbaum listed it for $28.7 million in 2023, according to Zillow. He dropped the price seven times while the home was on the market, landing at $16.9 million in May.
The deal marks the latest luxury sale in Fort Lauderdale amid South Florida’s busy season for residential real estate. Last month, an insurance mogul bought a waterfront spec home for $17 million.
The coastal city’s luxury market has boomed in recent years. In September, financier Donald Sussman sold a waterfront estate for a record $70 million.