Originally listed at $39 million and up for auction starting at $19.5 million, Bella Fortuna is a new award-winning, trophy estate property presiding over a rare, elevated peninsula with 750 feet of waterfront in Fort Lauderdale’s exclusive Las Olas Isles.
This five en suite, 11 bath estate at 534 Bontona Ave. features magnificent marble and intricate craftsmanship throughout with artistic loggias, custom lighting, stunning chandeliers, a chef’s kitchen, a gym, a massage room, a 1,780-square-foot yoga/meditation room, a panic room, a grand sweeping staircase, a Venetian pool and a four-car garage.
The live auction of the 29-room, 17,363-square-foot, one-acre estate will be conducted by Fisher Auction Co. in cooperation with Katrina Campins Group on Nov. 1. (Click here to check out the auction website.) The late H. Wayne Huizenga, the only person to play top roles in three Fortune 100 companies, once owned the property.
A lot of people want to say their property is one-of-a-kind, but this one truly is, says Lamar Fisher, president and CEO of Fisher Auction.
“This particular property doesn’t otherwise exist in our market in Broward,” he says, citing its lot size, 750 feet of waterfront, height above sea level, views, artistry and “17,000 square feet where every room has its own unique features. You can’t duplicate that. It doesn’t exist today.”
Fisher, who also is mayor of Pompano Beach and a candidate for the Broward County Commission, operates one of the 10 largest auction companies in the United States and successfully auctioned the Versace Mansion on Miami Beach in 2013 for $41.5 million when the minimum bid was $25 million. The buyers were the family that owns Jordache Jeans and the backup bidder was Donald Trump, who was represented on site by his son, Eric, Fisher says.
In an auction like Bella Fortuna, it’s more about having the right type of qualified buyers than big numbers turning out to auction, says Fisher, who employs an array of marketing strategies and old-fashioned phone calling to find the right bidders.
Whoever acquires Bella Fortuna will have plenty to talk about when their friends, business associates and family visit.
Bella Fortuna is the recipient of more than 12 awards, including the prestigious Addison Mizner Award for Classical Architecture and 10 awards from the CASF (Craftsman Association of South Florida). It was inspired by Doge’s Palace in Venice and echoes some of the grand estates on Palm Beach with its intricate craftsmanship and luxurious appointments throughout.
(Click on the photo below to see a slideshow of the property.)
This residential work of art is the only Fort Lauderdale home designed by renowned architect Jeffrey Smith of Smith Architectural Group and interior designer Bunny Williams of New York.
The interior faux art was hand painted by the now late Leonard Pardon whose work can be found in Buckingham Palace, Windsor Castle and the Palaces in the Sultinates of Oman and Brunei.
The home overlooks the Intracoastal Waterway with quick direct access to the Atlantic Ocean. The 750-linear feet on the water has new concrete docking, with the longest dock at 350 feet with a marine pedestal. That’s long enough to accommodate the grandest mega yacht. There’s a new seawall on all three sides sides of the estate. Above the seawall are walls and steps made of oolite coral stone.
In an era of worries about rising sea levels and hurricanes, the home seems like a fortress. The one-acre site for the home was raised so that first floor is over 10 feet above sea level and the second floor is 25 feet above sea level. German-made impact glass from Peetz is on all windows and doors. The home has solid poured and reinforced concrete walls and roof slabs. There is a whole house generator that’s not only supplied by the natural gas pipeline in the neighborhood, but an underground LP storage tank.
There is a long list of features in the home:
- Award-winning, custom faux-painted volume ceilings
- Hand-painted, imported Portuguese wall tiles
- Two working fireplaces with antique surrounds (one from Clarendon Park Estate in Wiltshire, UK, circa 1740)
- a 27,400-gallon, Venetian-style pool with panoramic views of the New River and Intracoastal Waterway
- A butternut wood riverfront library with a hand-scraped custom-made hickory plank floor
- Custom made French Lavastone kitchen countertops
- Imported English Charles Edwards lanterns handmade in England
- Custom column capitals based on the Hotel Nacional in Havana
- A custom stair railing based on the Villa La Pietra estate in Florence
For full property details visit www.bellafortunaestate.com