A tech entrepreneur has been trying to offload his Florida mansion for 2 years - and now he's auctioning it off with no minimum price. Look inside the waterfront home last listed for $18 million.
Manuel Medina's waterfront Florida mansion sits in a gated community in Coral Gables.
The exclusive Gable Estates community has had more than 30 sales above $10 million in the past 15 years, according to Platinum Luxury Auctions.
Most of the homes are luxurious estates that sit on large, waterfront parcels.
Medina bought his Gables Estates home in 2013 for $7 million.
He first put it on the market in March 2018, which is not necessarily a lengthy time on the market in the Miami luxury housing sector, Platinum Luxury Auctions told Business Insider.
The average US home was on the market for 79 days, or less than three months, in December 2019, according to Realtor.com.
The tri-level home spans more than 15,000 square feet of living space.
Source: Platinum Luxury Auctions
It comes with 180 feet of water frontage and a 100-foot boat dock that can accommodate a yacht up to 125 feet long.
Source: Platinum Luxury Auctions
Inside, the modern home's salon has double-height ceilings and a wall of glass that opens the room up to the outdoors.
Source: Platinum Luxury Auctions
The kitchen features Miele, Wolf, and Sub-Zero appliances, white-lacquered cabinets, and custom countertops made of Calacatta marble.
Source: Platinum Luxury Auctions
An adjoining breakfast room opens up to the home's expansive patio and lounge areas, which include the heated pool and spa.
Source: Platinum Luxury Auctions
The master suite comprises a bedroom, a sitting lounge, a master bathroom with a shower and soaking tub, and two walk-in closets.
Source: Platinum Luxury Auctions
The home's other amenities include a billiards room, a study, a children's playroom ...
Source: Platinum Luxury Auctions
The home comes with a garage that can fit at least five vehicles, an outdoor putting green, and a manicured lawn with a blend of artificial and natural grass.
Source: Platinum Luxury Auctions
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