A new waterfront house in Fort Lauderdale’s Harbor Beach sold for $10.9 million, marking the second luxury home sale this week in the upscale neighborhood.
A company managed by Leslie Melamed of Delray Beach sold the 7,653-square-foot estate at 1408 West Lake Drive for $1,424 per square foot, records show. Albert Lepage bought the house.
Lake Worth-based Wightman Construction completed the home in 2019. It has six bedrooms, eight bathrooms and features a master suite with lounge fireplace, a spa-like bath and a private waterfront terrace. It also has an entertainment club room with a sky deck, a pool, summer kitchen and 100 feet of deepwater frontage on Lake Sylvan.
It was last listed for $11.5 million in December.
The listing agent was Kevin R. Kreutzfeld of Premier Estate Properties, and the buyer’s agent was Kent McIntyre of Douglas Elliman.
The property last traded for $800,000 in 2017.
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, an auto dealer picked up a new waterfront home for $7.8 million at 22 Isla Bahia Drive in Fort Lauderdale’s Harbor Beach.
A waterfront mansion in Fort Lauderdale featuring a full stock trading room at 220 North Compass Drive also sold this week for $11.5 million.
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.