Released on: May 23, 2008, 3:50 am

Press Release Author: SOL Sotheby\'s International Realty

Industry: Real Estate

Press Release Summary: FORT LAUDERDALE, Fla (May 15, 2008) - 1 Isla Bahia, in
prestigious Harbor Beach, handled by The Elmes Group of SOL Sotheby's International
Realty in Fort Lauderdale closed on May 15th at $15,500,000.

Press Release Body: In an otherwise "challenging" market, the Elmes Group of
Sotheby's still gets results. After three years of no sales over $10 million by
anyone, The Elmes Group has also closed this month a $10.5 Million Penthouse at
Coconut Grove Beach Residences building on Fort Lauderdale beach. The Sotheby's
International Realty network is focused on reaching out to international clientele.
The Sotheby's International Realty network currently has more than 9,000 sales
associates located in more than 470 offices in the U.S. and 29 other countries and
territories.

1 Isla Bahia, an Italian palazzo style mansion built by Harborside Builders of
Jupiter, FL and designed by renowned local architect, Tom Benedict, sits on a point
lot with spectacular water views and 320 ft. of waterfront with dockage for two mega
yachts. This superbly built estate features 6 bedrooms, 8.3 baths, tropical gardens
and intricate stone fountains. For more details on this mansion visit our website
at www.solsir.com.

This sale represents another record-breaking sale for Tim Elmes and his team as the
only single family home sold over $10 Million in Fort Lauderdale since Elmes' $12
million sale of 1235 E Lake Drive in November of 2005. Elmes is well-known as a top
luxury producer boasting the record as the only Realtor to be a participant in every
record-breaking family residence sale in Fort Lauderdale since September 1990,
including the highest sale ever recorded of a $17.1 Million compound on Coconut
Isle, Las Olas Isles. With two offices and only 12 agents, SOL Sotheby's
International Realty exceeded $310 Million in closed and pending sales for 2007.
SOL Sotheby's is the exclusive realtor at South Florida's #1 mega-yacht marina, the
43-acre Bahia Mar Yachting Center, located in the hotel lobby.

SOL Sotheby's can be reached at 954-828-9722.

Web Site: http://www.solsir.com/

Contact Details: 1548 Brickell Avenue,
Miami, Florida 33129,
Tel: 954-828-9722 Ext. 301,
Fax: 305.576.7261.