Archive for “January, 2020”

Platinum Luxury Auctions and Engel & Völkers Post Record Home Sale in Hollywood, FL

Modern waterfront estate in South Florida sold for $3.6 million at luxury auction®

Platinum Luxury Auctions has added another record sale to its portfolio. On November 25th, Platinum held a luxury auction® for a luxurious waterfront estate in Hollywood, Florida, which resulted in a purchase price of approximately $3.6 million.

According to Platinum’s analysts – who reviewed both the Realtor’s Multiple Listing Service (MLS) and the Broward County property records – the price ranks as the third-highest sale for a single-family home in the city of Hollywood’s history, on both a gross and price-per-square-foot (ppsf) basis. The sale also registers as the city’s number one all-time price for a home located west of a fixed bridge (a location that limits boating access to Florida’s Intracoastal Waterway and the Atlantic Ocean).

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Tech mogul Manny Medina will soon auction his Gables home – without a reserve

Billionaire Manny Medina will auction his 15,000-square-foot mansion. The five-bedroom, six-bathroom house facing a canal at 555 Arvida Parkway was previously listed for $17.9 million.

Manny Medina is no stranger to goodbyes. He made multi millions by starting and selling several tech companies.

This time, Medina plans to part ways with his five-bedroom Coral Gables estate.

Medina will auction his 15,000-square-foot mansion in mid-February without reserve through Platinum Luxury Auctions, according to the downtown Miami auction house. The five-bedroom, six-bathroom house facing a canal at 555 Arvida Parkway was previously listed for $17.9 million. A no-reserve auction means the home will be sold regardless of price.

Read the full article by Rebecca San Juan at the Miami Herald HERE.

Adirondack camp sells for $2.9M

Panther Point, a former Great Camp on the shore of Upper Saranac Lake, has sold for $2.9 million.

The previous owners, William and Beth Zollars, made the property available for auction in August. It had previously been listed for $3.9 million.

Platinum Luxury Auctions hosted the auction on the upper deck of the boathouse.

The sale is the third-highest price on Upper Saranac Lake in the most recent four-year period, according to data provided by the real estate company.

Read the full article by Leigh Hornbeckat the Albany Times Union HERE.