Record $70 Million Fort Lauderdale Sale Heads To Wrecking Ball

Posted: September 7, 2024 | Source: www.costar.com

A Fort Lauderdale home where the Intracoastal and the New River join just sold for $70 million. It is the most expensive home ever sold in the popular beach town. Located between ultra-expensive Palm Beach and Miami Beach, the prices on Fort Lauderdale condos and homes have been reasonable until now, but a surge of recent top-dollar sales has changed the market dynamics. The $70 million home is likely to be torn down to make way for something even more expensive.