Brothers put $11M+ Ocean Boulevard mansions up for auction

TRD MIAMI /
Oct.October 28, 2011 01:41 PM
alternate
text
From left: Steve Fox’s home at 401 Ocean Boulevard and Bobby Fox’s home at 229 Ocean Boulevard

Two brothers are putting their Golden Beach, Miami homes up for auction in what could be the priciest voluntary property auction in South Florida history, according to the Miami Herald.

The brothers, Steven and Robert Fox, each moved to the area in 1990 and bought comparable 7,700-square-foot, Ocean Boulevard homes: Steve purchased a one-story home with four bedrooms, a pool, private beach and courtyard for $1.6 million, and Bobby bought a two-story house with six bedrooms, a fountain, pool and private beach.

The two are retired empty-nesters and put their homes on the market with an asking price of $12.9 million and $11.5 million, respectively. Sick of waiting for a buyer to come along after the homes have been on the market for more than two years, each brother will auction off his home through the Fisher Auction Company Nov. 10. A refundable deposit of $500,000 is required to bid on either one of them. [Miami Herald via Philadelphia Inquirer]


Related Articles

arrow_forward_ios
Lender gains control of embattled Palm House Hotel developer’s mansion

Lender gains control of embattled Palm House Hotel developer’s mansion

Lender gains control of embattled Palm House Hotel developer’s mansion
Full of memories, David Cassidy’s home goes to auction

Full of memories, David Cassidy’s home goes to auction

Full of memories, David Cassidy’s home goes to auction
Placeholder image

Riviera Beach auctioning off properties

Riviera Beach auctioning off properties
Placeholder image

Island once owned by 311 frontman heads to auction

Island once owned by 311 frontman heads to auction
Exultant winner Joe Nakash with Lamar Fisher (left) and Eli Gindi

Versace mansion brings $41.5M, will be converted to hotel

Versace mansion brings $41.5M, will be converted to hotel
Seaspray Inn and Beach Resort

Palm Beach Shores hotel and development site hits auction block

Palm Beach Shores hotel and development site hits auction block
Placeholder image

NASCAR champ in dispute over Ocean Blvd mansions

NASCAR champ in dispute over Ocean Blvd mansions
Investor takes 335 units in Miami

Investor takes 335 units in Miami

Investor takes 335 units in Miami
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...