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BANKER MICHAEL WEKERLE TO SELL HISTORIC ANHEUSER-BUSCH-BUILT ESTATE FOR $19.25 MILLION

Canadian Banker, Michael Wekerle, due to the COVID-19 crisis is selling his nearly century old estate in Fort Lauderdale Florida. The nearly 14,000-sq-foot will be listed $19.25 million. The mansion boasts Mediterranean style architecture, alongside a rich history dating back to the 1930’s when it was first built by Adolphus Busch III, of the Anheuser-Busch brewing company, in the years following Prohibition.

 

The house was featured in 1960’s film “Where The Boys Are” which inspired the now infamous tradition of the Spring Break trips to Fort Lauderdale. The home features many original details such as inlaid wooden floors, stone columns, decorative tile work, as well as a very sizeable Banyan tree, dating back to the time of the home’s creator. The home is built on an inter-coastal waterway and features a dock as well.

 

Since 2014, when Mr. Wekerle purchased the property, the house has undergone several renovations and alterations, such as new electrical systems throughout the house, updated as well as added bathrooms, adding a chandelier, a wine room ass well ass adding in his own personal art collection estimated to be worth up to $3 million.

 

The property listing is under the possession of Douglas Elliman.

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