A spectacular Mediterranean-style estate at 42 La Gorce Circle,
sold Monday for $30 million.
The sale was the highest to date in the gated community of La
Gorce Island, Miami Beach.
The 8-bedroom, 9-1/2 bath house had once belonged to flamboyant
Miami banker David L. Paul until federal criminal charges in the 1990s related
to his misuse of bank funds while chairman of CenTrust Savings Bank resulted in
his incarceration.
The ornate mansion features hand-painted ceilings, gold-leaf
trim, two kitchens (one for the chef, one for the owner), a library, a theater
and a rooftop lounge. It boasts 349 feet of frontage on Biscayne Bay.
The property, known as Castello del Sol, includes a 1-bedroom
guest house, a 2-bedroom, 2-bath staff apartment, and a guard house on a
70,000-square-foot lot on a private island. Source: Miami Herald.
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