An auto dealer picked up a new waterfront home in Fort Lauderdale’s Harbor Beach for $7.8 million.
The 7,286-square-foot house at 22 Isla Bahia Drive sold for $1,070 per square foot to Greg Shottenkirk, the head of the Shottenkirk Automotive Group. 22 Isla Bahia Drive LLC, managed by Rick Cole of Norton Virginia, sold the property, records show.
The house has five bedrooms, six baths and two half-baths with a library, gym, club room and bar. It also has an outdoor entertaining area with a large covered patio, summer kitchen, patio bar, pool and spa. The property has 100 feet of water frontage.
Shottenkirk Automotive has locations in California, Texas, Georgia, Illinois and Iowa.
The home was built in 2019. The property last sold for $2.3 million in 2017, records show.
Steven Romaniello with Florida Luxurious Properties represented the seller and the buyer in the latest deal.
Fort Lauderdale’s luxury home market is seeing heightened interest as more wealthy buyers from the Northeast are buying homes and moving to Florida due to the tax advantages.
Earlier this week, a waterfront mansion in Fort Lauderdale featuring a full stock trading room at 220 North Compass Drive sold for $11.5 million.
Also earlier this month, the owner of a crane company picked up a waterfront mansion in Fort Lauderdale at 2300 Aqua Vista Boulevard for $12.2 million.