Plenty of original details remain, however, including a tunnel that leads to the private beach and pier. Since then, the home has undergone an extensive renovation, according to the listing. It spent less than a week with its $12.75 price tag before being removed.
It was most recently on the market in June 2020, when it was asking $25.75 million, but the price was more than halved two months later. It was removed from the market-then relisted at a lower price-a number of times. Property records show the entire home was listed for $34.5 million in 2018, according to listing records. It’s not the owners’ first throw in the attempt to sell the estate, however. “Given that, statistically, second-home owners only use their luxury homes 30% or less during the year, this is truly a rare opportunity to own a stunning turnkey home for half the cost,” Bellings said in an email.
More: Waterfront Spec Home Asking Nearly $25 Million Is the Most Expensive Listing in Bay Harbor, Florida
