Platinum Luxury Auctions Announces October Auction in Sailfish Point, Florida

PALM BEACH, Fla., Sept. 4, 2013 /PRNewswire/ -- On Saturday, October 5^th, 2013, a custom-built estate located within the private club community of Sailfish Point, Florida will be sold at a live, luxury auction. The property was previously offered for sale for $6.5 million, but on October 5^th, it will be sold to the highest bidder at or above a bid of only $2 million.

Platinum Luxury Auctions, a Miami-based firm with a lengthy track record of success in the auction sale of these types of exclusive properties, was retained by the property owners to manage the sale. Platinum is working in cooperation with listing brokerage Sailfish Point Sotheby's International Realty, represented by managing broker Kristen Cheskaty. "Although a real estate auction is an exceptionally rare occurrence within the gates of our community, especially for non-distressed properties, Platinum's team has a sterling reputation for handling these types of sales, which gave both the seller and our firm a comfort level to move forward. I'm excited to see who we'll be welcoming into the community as a new resident on October 5^th," stated Cheskaty.

The sprawling property is situated on a double lot that measures nearly 1.2 acres in size, and boasts lake frontage and serene views of the private golf course. With more than 11,400 square feet of interior living space, which is divided between a two-story main residence and a single-story guesthouse, the estate is fit for a large family or for entertaining on a grand scale (which has allowed the current owners to host parties for up to 70 guests).

The main residence offers 4 bedrooms and 4.5 baths, while the adjacent guesthouse offers an additional 3 bedrooms and 3.5 baths. Prominent interior features include a custom wet bar, formal dining, elevator, climate-controlled wine room, spiral staircase with chandelier, vast master suite, and an immense, commercial-grade kitchen that would suit even the most decorated gourmet chef.

The property also boasts an impressive, resort-style outdoor living area, with a custom pool and spa surrounded by a large pavilion and lounge. An expansive, screened loggia runs along the rear of the main residence, and connects it to the guesthouse.

The community of Sailfish Point is considered one of the best-kept secrets on Florida's Treasure Coast. With only 520 luxury residences, Sailfish Point is truly exclusive. Despite the development's low profile, its residents enjoy an abundance of amenities that allow for a vibrant lifestyle, including a private yacht club and deepwater marina (with slips for boats up to 125 ft. in length), a signature Jack Nicklaus 18-hole golf course, a private beach, and a 60,000 sq. ft. clubhouse (which houses a restaurant, fitness center/spa, pool and tennis courts).

Property previews begin September 5^th, and continue every Thursday - Sunday until the auction date. Additional details can be found at SailfishPointLuxuryAuction.com, or by contacting a Platinum representative at 1.800.262.5132. Discover more about Platinum Luxury Auctions at PlatinumLuxuryAuctions.com.

SOURCE Platinum Luxury Auctions LLC