speaking of Florida real estate values..............
The former Anheuser-Busch estate in Fort Lauderdale has come on the market for $19.25 million.
Built in the 1930s for the Anheuser-Busch family, the waterfront home in Las Olas Isles — located where the New River and Intracoastal Waterway meet — has a long history.
Most recently, the property was purchased in 2014 by the Canadian TV personality and merchant banker Michael Wekerle, for $12.5 million.
Best-known as an investor on a Canadian show similar to “Shark Tank,” titled “Dragons' Den,” the businessman has decided to part with the home, because he can’t travel or bring his family to stay there thanks to the pandemic, according to the listing agent, Ruchel Coetzee of Douglas Elliman.
After Prohibition ended, the home was designed for the brewing dynasty by the architect Francis Abreu—apprentice of the famed South Florida architect Addison Mizner, according to the Wall Street Journal. Completed in 1938, the Busch family home was dubbed Manga Reva.
The Mediterranean-style compound was later used as a film location for some of the scenes in the 1960 comedy “Where the Boys Are,” about a group of college coeds who descend on Fort Lauderdale for their raucous spring break.
