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.
Gallery: Loxahatchee Road
