Platinum Luxury Auctions Announces Sale of Florida Golf Estate

Firm completes second pre-auction sale in only 48 hours

PR Newswire

HOBE SOUND, Fla., May 6, 2014 /PRNewswire/ -- Platinum Luxury Auctions has announced the sale of a golf course estate within the exclusive Medalist Village development in Hobe Sound, Florida. The veteran luxury real estate auction house conducted the transaction in cooperation with listing agents Cary and Jeff Lichtenstein of Illustrated Properties Real Estate Inc, an affiliate of Christie's International Real Estate. A young couple from New Jersey put forth a non-contingent, cash offer of $1.1 million the morning of the planned auction sale. The offer met all of the auction's terms of sale and was accepted by the seller. The transaction is scheduled to close in June.

"We're excited to have produced back-to-back pre-auction sales this week," explained Trayor Lesnock, president of Platinum Luxury Auctions. "Just yesterday we sold two oceanfront properties in Vero Beach mere hours before the auction was slated to begin. The fact that buyers are once again willing to put forth strong offers to 'take a property away' from the auction process is a significant indicator of increased buyer confidence in the luxury real estate markets."

The 5,020 square foot golf course estate offers 4 large bedrooms, 5 full and 2 half baths, and a 3.5-car garage. In addition to interior features such as a wine closet, wet bar and study, the property also boasts a beautiful, screen-enclosed loggia with a pool, spa, summer kitchen/BBQ and an exquisite outdoor living room. The sellers of the property are completing a new waterfront estate in neighboring Jupiter, Florida and were not interested in holding onto the golf course home once they moved onto the water.

The guard-gated community of Medalist Village is surrounded by an 800-acre nature preserve, ensuring peace and quiet for the 120 residences dotted neatly throughout the Village's 12-hole, par-3 golf course designed by PGA legend Greg Norman. Also part of the development is the prestigious Medalist Golf Club, a course that counts dozens of PGA and LPGA professionals as its members, including Tiger Woods, Dustin Johnson and Rickie Fowler.

About Platinum Luxury Auctions
Platinum Luxury Auctions is a market-leading auction firm specializing in the non-distressed sale of multi-million-dollar properties nationwide. The firm's principals have closed more than $340 million in luxury real estate auction sales, and have consulted on more than $1.25 billion in additional luxury properties. Learn more at PlatinumLuxuryAuctions.com.

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