realestate

Luxury Florida Estate Once Listed for $7.4M Now Up for Auction

Mediterranean-style mansion on Hutchinson Island lists for $2 million starting bid.

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Florida mansion on Hutchinson Island is set to go under the hammer in January, with a starting bid of $2 million. The Mediterranean-style residence was last listed for $7.4 million but its owners, Sarah and James Cammilleri, have opted for an auction instead.

    The couple, who run a Burger King franchise empire through JCS Management Group, bought the property for $1.6 million in 2017 and invested over $1 million in outdoor upgrades. The sale will be handled by Interluxe Auctions, which promises to provide sale certainty compared to waiting on the open market.

    The four-bedroom home faces the Intracoastal Waterway and features a bean-shaped saltwater pool, an al fresco kitchen and bar, and a 105-foot dock with two boat lifts. The outdoor area has been extensively updated, including a hot tub, new resurfacing, cabanas, and a beach area with a fire pit.

    Inside, the home boasts a grand double-height great room, a game room, and an open kitchen that faces the great room. The interior design features glam white finishes and massive window exposures. With its prime location and luxurious amenities, this property is sure to attract bidders looking for a high-end waterfront retreat.

Luxury Florida estate listed for auction after initial $7.4 million price tag.