This Fort Lauderdale property, located at 2501 Mercedes Drive, was recently sold in a closed transaction. The single-family residence spans 9,295 square feet and achieved a sale price of $14,000,000, resulting in a price per square foot of $1,506. Tim Elmes from Compass served as the broker in the deal, representing both the seller, Steven L. Feder & Lou Thomas Trosclair, and the buyer, Dennis R. O’Neil.

Summary of transaction details

• Property Type: SFR
• Transaction Amount: $14,000,000
• Address: 2501 Mercedes Drive, Fort Lauderdale
• Market: Fort Lauderdale

Dennis R. O’Neil emerged as the buyer in this transaction, while the property was sold by Steven L. Feder & Lou Thomas Trosclair. Tim Elmes, representing Compass, acted as the broker in the deal, facilitating the successful sale of the property.