The Real Deal Miami

Golfer cuts home price by $17.5 million

November 12, 2008 05:36PM

Professional golfer Greg Norman has cut the price of his estate,
at 382 South Beach Road on Jupiter Island, by $17.5 million. The eight-acre
property, listed last year by the Corcoran Group for $65 million, is now on the
market for $47.5 million. The agent, Suzanne Frisbie, would not comment on why
the asking price was lowered. Norman purchased the home with his ex-wife in
1991 for $4.5 million.