MIAMI, Jan. 11, 2016 /PRNewswire/ -- On February 4, 2016, Platinum Luxury Auctions will hold a live auction sale for an impressive, Tuscan-styled estate located in the upscale city of Parkland, Florida. Platinum is a veteran auction firm specializing in the sale of non-distressed, multimillion-dollar properties within and beyond the United States. Although originally asking $3.25 million, the two-story residence will now be sold to the highest bidder who meets or exceeds a bid price of $1.25 million.
Situated on 2.5 manicured acres, the estate includes 7 bedrooms, 6 full and 2 half baths, and nearly 8,900 square feet of interior living space. It was custom-built by its current owners, Senator Jeremy Ring and his wife Sharon. Prior to beginning his career in public service as a member of the Florida State Senate, Mr. Ring enjoyed tremendous success in the private sector as an early-stage executive at internet giant Yahoo!.
The Rings designed the property with meticulous attention to detail and a very high standard of construction quality. For example, the second level of the residence is composed of poured concrete, which, according to Platinum, is a rare feature in residential construction - even for multimillion-dollar homes. "This house will be standing long after all of us are gone," jested David Enriquez, Platinum's vice president of operations.
"I don't think we could have selected a better property for our first luxury auction in Parkland," added Brad Pruitt, Platinum's director of business development. "Not only does the city have an excellent reputation as a place for families, but it's also a haven for equestrian enthusiasts, in addition to quite a few professional athletes." Pruitt cited NFL Hall of Fame quarterback Dan Marino, in addition to a number of other NFL and NBA players, as past or current Parkland residents.
The Tuscan ambiance of the residence begins upon arrival, as one is greeted by a picturesque, courtyard-like entryway with custom landscaping, a water fountain, and a stone-accented facade. Inside the home, the Tuscan themes continue, with lofted ceilings, exposed beams and trusses made of repurposed woods from New England barns, and beautiful hardwood flooring,
The estate provides plenty of amenities for those wanting to spend quality time with family and friends, including a newly refinished tennis court, a resort-style pool and spa with rock waterfall features and swim-up grotto, and a screened patio that includes a summer kitchen and ample entertainment space. Additional features include a gourmet kitchen with top-of-the-line appliances, a state-of-the-art home theater, fitness center with wet bar, a Lutron® lighting system and a Crestron® home automation system. Those who are safety-conscious will appreciate the home's hurricane-resistant windows and doors, a built-in security system with multiple cameras, and a generator that powers the home's core systems in the event of a power outage.
The city of Parkland is located 25 miles west of Fort Lauderdale and 47 miles north of Miami. With zoning laws designed to develop and maintain a "park-like" setting, the city is comprised of upscale residential communities and quite a few large-acreage mansions, interspersed amongst small farms, equestrian facilities and nurseries.
Property previews are held each Thursday-Sunday between 12pm and 5pm (EST) until the auction date. Interested parties may contact Platinum Luxury Auctions at 800.209.1359 or visit ParklandLuxuryAuction.com for additional details.
About Platinum Luxury Auctions
Platinum Luxury Auctions specializes in the non-distressed sale of multimillion-dollar properties within and beyond the United States. The Platinum team has closed more than $425 million in luxury real estate auction sales to date, while consulting on more than $1.4 billion in additional luxury properties worldwide. The firm is responsible for developing the luxury auctionSM model for high-priced real estate auctions.
SOURCE Platinum Luxury Auctions LLC