Tuesday, May 29, 2012

Miami Beach Estate For $45 Million


A Steel Tycoon Is Selling His Gigantic Miami Beach Estate For $45 Million -- Business Insider

A 21,750-square-foot home in Indian Creek is on sale for $45 million, according to The Wall Street Journal. Leroy Schecter, chairman of steel manufacturing company Marino/Ware Industries, is the current owner.

Schecter, who spends most of his time in New York, listed the home about four years ago for $35 million. He decided to put it back on the market after seeing nearby homes fetch high prices, the WSJ reports.

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My Comment: The photo gallery can be seen here.

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