Leroy Schecter’s Florida Home Sells for $28 Million

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After several years on the market, the Indian Creek Village, Fla., home of steel magnate Leroy Schecter has sold for $28 million.

Listing agent Nelson Gonzalez of EWM Realty International said the sale closed Monday for $28 million. He declined to identify the buyer.

The home was first listed in 2008 for $32 million. The price has changed several times, with the home going on and off the market, at one point going up to $45 million. It was last listed at $35 million, Mr. Gonzalez said.

The 21,746-square-foot home, built in 2000, has seven bedrooms and 11 full and three half bathrooms, Mr. Gonzalez said. According to public records, Mr. Schecter bought it in 2006. Located in a gated village on an island near Miami Beach, the nearly two-acre property has some 200 feet of waterfront on Biscayne Bay. The house has a theater, a library, a billiards room, a gym and a seven-car garage. An outdoor infinity pool has a cabana house with two full bathrooms.

Source:  Wall Street Journal

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