The Real Deal New York

Ziff family lists Florida compound for $200M

The property features a fully furnished tunnel

April 18, 2015 05:00PM

"Gemini" in Florida and William Ziff, Jr.

“Gemini” in Florida and William Ziff, Jr.

The Ziff family – founders of a media empire – has listed their massive Florida compound, “Gemini,” for $200 million.

Located just south of Palm Beach on a barrier island in Manalapan, the nearly 16-acre property has roughly 1,200 feet of ocean frontage, and about 1,300 feet on the Intracoastal Waterway, according to the Wall Street Journal.

The Ziffs – worth an estimated $14.3 billion – bought the property in the 1980s, according to Carmen D’Angelo, Jr., of Premier Estate Properties, an affiliate of Christie’s International Real Estate, who is the co-listing agent.

The coral stone-clad main house spans 62,200 square feet and is connected to guest quarters by a fully furnished, air-conditioned tunnel. The tunnel is decorated like a living room, with a fireplace and skylights, Rick Moeser, senior vice president and regional manager of Christie’s, told the Journal. [WSJ]Christopher Cameron