Before Netflix, Amazon Prime, Hulu, Acorn, and Smart TVs, there was Blockbuster Entertainment- the go-to place to stock up on a weekend’s supply of movie rentals. Mom & pop video-rental shops could not compete with the size of the Blockbuster chain's ability offer new releases and variety at scale. The brainchild of entrepreneur H. Wayne Huizenga, Blockbuster cornered the video rental market...and business was good.
Huizenga’s home has become a landmark to Lauderdale’s prolific boating community and tour boats. Sited on over an acre at the tip of a point about one mile to Fort Lauderdale’s luxury condos and best beaches, the grounds are surrounded on three sides by 600 feet of waterfront, which is perfect not only for tying up one’s mega yacht, but for watching the New River boat traffic, waterfowl, manatees and tarpons.
With an overall 21,057 square feet of living space, the home has 10 bedrooms, 18 baths and is thoughtfully divided into three living zones for optimum comfort for family and guests alike. A structure of massive size, the central portion is designed to entertain groups of any size without disturbing others in the family wing or guest wing. The family wing includes offices, bedrooms, private kitchen and family room. The guest wing also includes the staff quarters. Spectacular river and terrace-pool views are enjoyed throughout the house. On the cutting edge of technology, there is an electronic locking system, state-of-the-art security system for doors, hurricane protected windows, emergency generators, an elevator and dock facilities.
Huizenga had the rare status of being the only entrepreneur to launch three Fortune 500 companies: Waste Management, Blockbuster Entertainment and AutoNation. He was also owner or part owner of a few sports teams including the Florida Marlins, Florida Panthers and the Miami Dolphins.
At its peak in the early 2000s, there were over 4,500 Blockbuster stores in the U.S., now just one is left which is in Bend, Oregon. Huizenga passed away at the age of 80 in March. And now, the palatial estate of the Blockbuster Video creator on the historic New River in Ft. Lauderdale is on the market priced at $26.95 million.
This post was originally featured at Top Ten Real Estate Deals. To view more photos and access the official for-sale listing go to TopTenRealEstateDeals.com