Charming Mediterranean Estate in Palmetto Bay, Florida Offered at Luxury Auction by Platinum Luxury Auctions

MIAMI, Feb. 21, 2012 /PRNewswire/ -- A timeless Mediterranean estate situated on nearly 2 1/2 acres in Palmetto Bay, Florida will be sold to the highest bidder at luxury auction on March 17, 2012. While the property was previously offered for over $4 million, the suggested opening bid at the auction is only $1.25 million. Platinum Luxury Auctions LLC, a Miami-based firm specializing in the auction of luxury properties, is conducting the sale.

Known as Villa la Maison, the property is one of Miami-Dade County's most charming estates. The residence was custom built by its original and only owners, who are now looking to downsize.

The property's immense and lushly landscaped lot is surrounded by a perimeter wall and secure entry gate, making it an ideal retreat for a large family or for those who cherish their privacy. The grounds of the estate feature a large courtyard with stone fountain and an oversized pool with Jacuzzi and plenty of finished patio space. The home itself offers approximately 8,414 interior sq. ft. and 10,732 sq. ft. of total living area, with 8 beds and 8 1/2 baths (including separate staff quarters above the 3-car garage).

"A tour of Villa la Maison evokes feelings of an Old World Palm Beach mansion and a European Villa, mixed with a dash of Miami glamour. This property is truly something special," said Trayor Lesnock, president of Platinum Luxury Auctions.

Notable features of the property include a 2-story, atrium-styled grand foyer with skylight and fountain, an elevator (which services the two main floors and the basement wine cellar), wood-burning fireplaces, butler's pantry with walk-in cooler, third-story observatory tower and many wonderful Old World touches such as crystal chandeliers and gilded fixtures.

For more details on this luxury auction, please visit VillaMaisonAuction.com or call 1.800.262.5132.

About Platinum Luxury Auctions LLC: Platinum is the only auction company founded exclusively on luxury, non-distressed real estate auction experience. The firm's principals have closed more than $250 million in luxury real estate auction sales, and have consulted and advised on nearly $1 billion in luxury auction property in total. Platinum also has luxury yacht and aircraft divisions. The firm specializes in luxury assets in excess of $1 million. Contact Platinum at 1.800.262.5132, [email protected] or visit www.PlatinumLuxuryAuctions.com.

SOURCE Platinum Luxury Auctions