SOL Sotheby’s achieves $15.5 Million Sale in Fort Lauderdale to prominent International buyer

PRLog (Press Release) - May 19, 2008 -
SOL Sotheby’s achieves $15.5 Million
Sale in Fort Lauderdale to prominent International buyer
First single-family home sale over $10 million in nearly three years

FORT LAUDERDALE, Fla (May 20, 2008) – 1 Isla Bahia, in prestigious Harbor Beach, handled by The Elmes Group of SOL Sotheby’s International Realty in Fort Lauderdale closed on May 15th at $15,500,000.  Elmes represented the seller. In an otherwise “challenging” market, the Elmes Group of Sotheby’s still gets results.  After three years of no sales over $10 million by anyone, The Elmes Group has also closed this month a $10.5 Million Penthouse at Coconut Grove Beach Residences building on Fort Lauderdale beach. The Sotheby’s International Realty network is focused on reaching out to international clientele.  The Sotheby’s International Realty network currently has more than 9,000 sales associates located in more than 470 offices in the U.S. and 29 other countries and territories.  

1 Isla Bahia, an Italian palazzo style mansion built by Harborside Builders of Jupiter, FL and designed by renowned local architect, Tom Benedict, sits on a point lot with spectacular water views and 320 ft. of waterfront with dockage for two mega yachts.  This superbly built estate features 6 bedrooms, 8 full baths and 3 half-baths, tropical gardens and intricate stone fountains.  For more details on this mansion visit our website at www.solsir.com.

This sale represents another record-breaking sale for Tim Elmes and his team as the only single family home sold over $10 Million in Fort Lauderdale since Elmes’ $12 million sale of 1235 E Lake Drive in November of 2005.  Elmes is well-known as a top luxury producer boasting the record as the only Realtor to be a participant in every record-breaking family residence sale in Fort Lauderdale since September 1990, including the highest sale ever recorded of a $17.1 Million compound on Coconut Isle, Las Olas Isles. With two offices and only 12 agents, SOL Sotheby’s International Realty exceeded $310 Million in closed and pending sales for 2007.  SOL Sotheby’s is the exclusive realtor at South Florida’s #1 mega-yacht marina, the 43-acre Bahia Mar Yachting Center, located in the hotel lobby.
SOL Sotheby’s can be reached at 954-828-9722.


Todd Templin, Boardroom Communications
954-370-8999/954-290-0810 (Cell)

Sol Scott, Sol Sotheby’s
954-828-9722 Ext. 301
sscott@solsir.com