The amenities at the late H. Wayne Huizenga's Fort Lauderdale estate include a resort-style pool with a three-story gazebo that has a curved staircase. Courtesy photo.H. Wayne Huizenga's Riverfront Fort Lauderdale Mansion Sells for $16M
The selling price of the expansive estate is much less than the $27 million asking price listed in February.
June 07, 2019 at 11:41 AM
3 minute read
The waterfront Fort Lauderdale mansion that belonged to the late H. Wayne Huizenga, founder of several Fortune 500 companies and professional sports teams, has been sold.
Charles West Jr., who founded and sold Sunrise-based Pet Supermarket, bought the 1.41-acre estate for $16 million from a Huizenga trust Wednesday.
The price is listed as $14.3 million in Broward County property records, but Billy Nash, who marketed the property and closed the sale on behalf of the Huizenga family, said the extra $2.3 million was a buyer's premium.
That's much less than the $27 million asking price announced in February, but it's a relatively quick sale for an eight-figure residential trade.
The expansive 10-building, amenity-rich estate was first listed last summer with Fort Lauderdale-based Drum Realty.
The Keyes Co.'s Nash was retained in February. He is based in Palm Beach Gardens and markets ultra-luxury Florida estates.
He listed the estate and arranged a live online auction by Concierge Auctions LLC, a New York and Austin, Texas-based auctioneer, for March 26-28.
The auction was postponed to May 14 and ended May 18 with a private auction held at the property. West outbid his competitors.
One of the most prominent features of the Tarpon Pointe estate at 1575 Ponce De Leon Dr. is New River frontage on three sides for a total of 560 feet. It can accommodate a 135-foot yacht and leave more than 425 feet of waterfront open.
The 20,653-square-foot, Mediterranean-style estate features a main house and staff's quarters, resort-style pool, gym, theater, billiards room and a three-story gazebo with a curved staircase and clock tower.
Huizenga was the founder and co-founder of several big-name companies as well as three sports teams in Florida.
The garbage collection company he started in his 20s with a business partner grew into Waste Management Inc. The billionaire led Blockbuster LLC and sold the video-rental company in the 1990s. He also founded Fort Lauderdale-based car retailer AutoNation.
At various points, Huizenga also co-owned the Miami Dolphins, the Florida Marlins (now the Miami Marlins) and the Florida Panthers.
Huizenga died in 2018 at 80. His wife Martha Jean Goldsby died the previous year.
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