The ultimate Florida vacation pad! A 12,500-square-foot Mediterranean-style mansion sells for $ 28.5 million

The ultimate Florida vacation pad! A 12,500-square-foot Mediterranean-style mansion sells for $ 28.5 million

Located on a pink sandy beach and overlooking the Atlantic Ocean, a 1920s Florida mansion was for sale for $ 28.5 million. That’s $ 18.5 million more than the Boston-based hedge fund manager owner bought just two years ago.

According to Mansion Global, the 12,500-square-foot Mediterranean-style home was launched last week after being purchased by Bracebridge Capital principal Michael Rashes and his wife Dena in May 2019 for $ 10.5 million.

It has 7 bedrooms, 10 full bathrooms, 4 half baths and 3 guest villas overlooking the waters of the Palm Beach County town of Gulf Stream.

“It has a sea frontage of about 202 feet, which is about twice the size of many other real estate,” Corcoran Group’s Candace Friis told Mansion Global.

She said Rush wasn’t spending as much time in Florida as she used to, and decided to make it smaller. Purchased in May 2019 by Bracebridge Capital Principal Michael Rashes and his wife Dena for $ 10.5 million. Located on 1.26 acres of land in Palm Beach County, the property is directly above the pink sandy beach. View of the exterior of the house from the Atlantic Ocean Candace Friis of the Corcoran Group said Rashes has decided to sell the luxury home to make it smaller. Many homes are made up of imported materials such as limestone floors The house has a large driveway and a garage of four cars Currently, there are only about 750 homes in the Gulf Stream community. The house is surrounded by a waterfront frontage of over 200 feet

The house was first built in 1926, but according to the list, it was recently refurbished by the architectural firm Bridges and Marsh.

Materials from around the world, such as limestone floors, cypress cathedral ceilings, and marble and wall murals imported from Spain, give the home a Mediterranean spa-like feel, Fries said globally. rice field.

It also includes high-impact windows and doors manufactured by the German company Tischler and Sohn. The house has a cypress cathedral ceiling.Here is the living room in a luxurious house The staircase is decorated with imported tiles, adding to the aesthetics of the Mediterranean The original 1926 oceanfront real estate was rebuilt by the architectural firm Bridges and Marsh. The murals on the walls are imported from Spain There are several terraces throughout the house as you can see here There are 7 bedrooms that fit a full queen size bed, as you can see here The patio extends from the large primary bedroom View of one of seven bedrooms with sloping impact windows The house also has 10 full bathrooms and 4 half baths with limestone details

Homeowners and renters are exposed to the warm Florida weather in the central courtyard of the complex, and tiled fountains are surrounded by trees before dining in the home kitchen.

The mansion also has a roof terrace, an office with sea views, and a primary bedroom suite with a private patio.

“When you’re on the terrace upstairs, you pay for you to be anywhere in the world,” […]

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