A trust controlled by medical device entrepreneur Manuel Aguero and wife Marlene Aguero sold a waterfront mansion in Fort Lauderdale for $23.98 million.
The 1801 SE 8 Street Land Trust, with the Agueros as trustees and listed as homestead property owners, sold the 16,898-square-foot home at 1801 S.E. Eighth St., Fort Lauderdale to J. Frank Barefield Jr. , the head of Birmingham, Alabama-based multifamily firm Abbey Residential. Tim Elmes of Compass, who represented the seller in the deal, said the listing was on the market for one day before it sold. The price equated to $1,419 a square foot.
The home last traded for $10.4 million in 2009, when the Agueros bought it from H. Wayne Huizenga Jr. , the son of the late billionaire and former Miami Dolphins owner. Huizenga built the home on the 1.1-acre lot in 2001.
It has over 700 linear feet of waterfront with water on three sides. The Rio Vista home features seven bedrooms, seven bathrooms, five half-bathrooms, a resort-style pool with a slide and a swim-up bar, a theater room, an office, an elevator, an aquarium, a dock, a fireplace, and a summer kitchen.
Manuel Aguero is the majority owner of Dania Beach-based medical device and surgical supplies distributor Q-Med Corp. and a board member of Dania Beach-based OrthoSensor, a medical device company acquired by Stryker in 2021.
Marlene Aguero is on the board of the Bougainvilla House family therapy center in Fort Lauderdale.
