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JANUARY 16, 2008 8:52AM

Yacht captain buys for $707K in Fort Lauderdale

by Mallory Davis , BlockShopper Staff
1100 Orange Isle
1100 Orange Isle
1100 Orange Isle (rear)
1100 Orange Isle (rear)
Kent and Marcelana M. Kohlberger bought a three-bedroom, 2 bath at 1100 Orange Isle in Fort Lauderdale for $707,000 from David Mileur on Dec. 31.

Mr. Mileur paid $400,000 for the 1,980 square foot home in Feb. 2004. It was listed as high as $749,900.

Built in 1962, the home is located in the River Oaks community. Properties in the area are listed from $350,000 to $1.3 million.

Mr. Kohlberger is captain of the yacht M/Y Financial Statement. In Feb. 2006, he and a fellow captain rescued four men from a capsized boat three miles offshore in North Miami.

Home sales in Fort Lauderdale dropped 12 percent through Dec. 15, 2007 vs. the same period in 2006. The median price, however, rose $7,000 during that span, from $325,000 to $332,000.

BlockShopper Metrics began keeping track in South Florida in 2001.

Address: Single Family1100 Orange Isle
Buyer(s): Kent Kohlberger and Marcelana M Kohlerger
Seller(s): David Mileur
Sale date: 2007-12-31

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