Alaskan investors buy waterfront mansion in Fort Lauderdale

Monday Oct 09th, 2017

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2400 Del Lago Drive

An Alaska-based entity just dropped $19.9 million for a waterfront mansion in Fort Lauderdale, property records show.

SKL Holdings LLC, led by Shamir and Karim Lalani, bought the nearly 13,000-square-foot home at 2400 Del Lago Drive for about $1,550 per square foot. Records show the seller, Sands Management LLC, was listed as a trustee of the Land Trust No. 1800-1244A.

The seller bought the seven-bedroom and nine-and-a-half bathroom home in 2013 for a record $14.5 million. The total cost came to about $17.5 million including furnishings.

The home in the Harbor Beach development features his-and-her offices, a home theater, custom pool and a walk-in wine cellar. It hit the market in July for $29 million, meaning it sold about 30 percent off its asking price, according to online listings.

Karim Lalani and listing agent Tim Elmes of Coldwell Banker Residential Brokerage were not immediately available to comment.

Home sale prices have inched up in Fort Lauderdale – especially in the luxury market. In August, oil tycoon Michael Harrison Moore paid $5.6 million for a recently-built, waterfront home in Fort Lauderdale.

Last year, the late Stiles Corp. Chairman and CEO Terry Stiles paid $8.17 million, or about $1,000 per square foot for a waterfront mansion in Fort Lauderdale.

TheRealDeal.com

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