Huge Jupiter Florida Estate Hits the Auction Block
I've mentioned before that the real estate auction market in Florida is heating up as more and more people need to get rid of houses in a hurry. Now some of the biggest newest mansions are hitting the black at reduced prices. Case in point, this 12,000-square-foot home in Jupiter, Florida. This five-bedroom overlooks the Loxahatchee river and has a 125-foot dock with 160 feet of water frontage. The property also includes a three two-car garages, a two-bedroom guesthouse and there is a large pool overlooking the river and a gazebo with an outdoor kitchen and barbecue. Inside it's classic Florida gigantic with a double-height foyer with a massive chandelier and marble staircase with wrought-iron railings. The home has a large gourmet kitchen, octagonal breakfast room, master suite with a private balcony. The home was listed at $6,995,000 but a court order has forced an auction at $4.5 million or lower on April 19.
Reader Comments (Page 1 of 1)
nmos655897 Apr 24th 2008 1:18PM
I hope they have better luck than me. I have three properties on the market on Perdido Key, FL. I can't even sell these at half price, and I 've had them listed for about seven months now. Any buyers?
Noah at ShortOnChange.com
Noah@ShortOnChange.com
http://shortonchange.com/foreclosure/noahs_foreclosures.htm