Builders Capital Acquires Single Family Home In Fort Lauderdale For $17M

A single-family property located at 1515 East Lake Drive in Fort Lauderdale was recently sold for $17,000,000. The property spans approximately 0.4 acres and offers a total of 10,500 square feet of living space. The sale price per square foot amounts to $1,619. The transaction took place on October 19, 2022.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $17,000,000
• Address: 1515 East Lake Drive, Fort Lauderdale
• Market: Fort Lauderdale
• Asset Type: Single Family
• ACRES: 0.4

The buyer of the property, Dana Trent, was represented by Robert Trent from Builders Capital. On the other hand, John Long and Richard Cole, the sellers, were represented by JD Long Masonry. The buyer's representative in the deal was Josh Dotoli from Compass, while Layda Soledy Lara from Fidelity Real Estate represented the sellers. JPMorgan Chase Bank served as the lender.