Prime Point Lot Estate Recently Sold by Drum Realty in Fort Lauderdale, Florida

Posted by James Fletcher — June 29, 2010

In June 2010, Kelly Drum of Drum Realty in Fort Lauderdale, sold Bontona, a point lot estate located directly on historic New River in the exclusive Las Olas Isles section of the city.

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With a listing price of $9,950,000, Bontona was prized especially for its exceptional position on one of the most desirable points of land in South Florida. Commanding vistas, both up and down New River, are enjoyed throughout the property, with ample dockage for a megayacht present as well, making this the ideal residence for a yachtsman seeking direct access to the world-famous inland waterways of Fort Lauderdale and the Atlantic Ocean nearby.

While the home is indeed quite impressive from an architectural perspective, it should be noted that the new owner plans to demolish the structure in order to build his own manse on the property. Yes, in other words, it is the point lot land which has made this listing so valuable.

Drum Realty specializes in discovering such stellar locations and marketing them internationally to discriminating buyers seeking out the world's greatest homes and luxury properties. This reputation for presenting the finest waterfront real estate has followed the firm for over fifty years.

Kelly Drum can be reached by calling 954-931-3222 or 954-764-4242. Visit DrumRealty.com for information about current listings or send email to kdrum@drumrealty.com.

BONTONA DESCRIPTION 534 Bontona Avenue, Fort Lauderdale 8 Bedrooms, 9 Baths SOLD | LISTED AT $9,950,000

Like a majestic European villa existing for centuries along the Mediterranean Sea, Bontona rises dramatically from the banks of New River with its elegantly imposing façade of arches, porticos, balconies and balustrades. Strategically placed upon a deep point lot of 40,000 sq ft and facing southeast across the river towards Rio Vista and the Intracoastal Waterway, this world-class residence is the stunning gem of Las Olas Isles. Long, commanding water views up and down the river are enjoyed from every angle with 700 ft of waterfront on three sides of the property. Within walking distance of the fabled charms of Las Olas Boulevard, Bontona provides an alluring private escape married to the essence of a European lifestyle in the tropical haven of Fort Lauderdale.

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