A waterfront mansion in Florida’s Coral Gables that has previously been accompanied by a price tag as steep as $45 million will be auctioned next month without a reserve to the highest bidder.

The expansive Tuscan-style spread will go under the hammer on site on Aug. 8 with Platinum Luxury Auctions, and until then, remains available to purchase for its most recent asking price of $34 million, listing records show.

Built in 2009, the 10-bedroom mansion sits on a peninsula bordered by beaches within the ultra-exclusive, gated community of Tahiti Beach, which is home to fewer than 30 estates.

Its lot and location are “far and above, the best and most unique feature of this property,” according to Trayor Lesnock, president and founder of Platinum Luxury Auctions.

Read the full story by Liz Lucking at Mansion Global HERE.