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FOX Business correspondent Madison Alworth joins ‘Varney & Co.’ to discuss the future of the automotive industry and report on a classic car convention in Florida.
A home with room for seven cars in its garages is on the market in South Florida.
The waterfront property, situated in sunny Fort Lauderdale, carries a price tag of just shy of $29 million, according to its listing with Douglas Elliman’s Julie Jones.
The Modern Mediterranean-style main house boasts nearly 7,700 square feet of living space. It features a total of five bedrooms, with six full bathrooms scattered throughout.

The seller is seeking $28.995 million for the Fort Lauderdale home. (Virtuals1/Ronaldo Appuzzo)
It underwent an extensive remodel and expansion about 13 years ago.

The home is replete with five bedrooms. (Virtuals1/Ronaldo Appuzzo)
The listing said the home contains “custom detailing & high quality finishes.”
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It is replete with a chef’s kitchen that has access to a 2,000-square-foot covered outdoor living area. In a separate bar area within the home, there is a large fish tank.
A view of the kitchen in the nearly $29 million home. –> <!–>
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A formal living room offers plenty of seating in front of a fireplace.

The home’s formal living room. (Virtuals1/Ronaldo Appuzzo)
Views of the Intracoastal Waterway, which runs some 3,000 miles along the Atlantic coast, can be found throughout the home, according to its listing.
There is also a separate 2,300-square-foot guest house on the 0.82-acre estate. It was constructed in 2018, the listing said.
Between the main house and the guest house, its garages offer space for seven vehicles, a key design choice driven by the seller’s love of cars, Douglas Elliman said.
The seller’s love of cars was a major driver of the design of the home.
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A large pool pavilion and an 18-seat bar are among some of its outdoor offerings. It also offers the opportunity for al fresco dining with a covered outdoor dining area.

A view of some of the home’s outdoor amenities (Virtuals1/Ronaldo Appuzzo)
The property boasts two pools, one of which is just steps away from the outdoor dining area and bar.
The home is located in Fort Lauderdale, Florida. –> <!–>
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It comes with nearly 330 feet of water frontage, with two separate docks providing access to the water and boating.

Two docks are present on the waterfront property. (Virtuals1/Ronaldo Appuzzo)
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The ZIP code in which the home is located has homes with asking prices of up to $31 million, according to data on Realtor.com’s website. The median sale price was $1.2 million.
More than 184,200 people call Fort Lauderdale home, according to the U.S. Census Bureau.
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