HOUSE OF THE DAY: Steel Tycoon Sells Gigantic Miami Beach Estate At $17 Million Discount
Jul 27, 2014, 00:01 IST
A 21,750-square-foot home in Indian Creek has sold for $28 million, according to The Wall Street Journal.
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Leroy Schecter, chairman of steel manufacturing company Marino/Ware Industries, has had the house on the market since 2008, with the price set as high as $45 million in 2012.
Listing agent Nelson Gonzalez of EWM Realty International said that New York-based Schecter is selling because he "just wasn't using the house," and plans donate the $28 million in proceeds to charity.
The home features seven bedrooms, 12.5 bathrooms, an elevator, a lower level with a 7-car garage, a billiards room, a gym, and a wine cellar.
Meredith Galante contributed to this post.
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