first_img58 Marine Pde, Miami.Nikki Murray from Ron London Estate agents said the home was a magnet for locals who were desperate for the remaining beachfront blocks. “The auction cracked at $3 million,” Ms Murray said. Mrs Murray said it was an emotional sale for the owner Laurence Kathage, who bought the 678sq m block back in 1965. “It was an emotional sale for the family but they have decided they were ready to let it go,” she said.“Laurence’s sons were at the auction on behalf of him as the family doesn’t live in the house.“There were well over a hundred people on the property and it was predominantly Gold Coasters.” A previous sale on the street saw a stunning four-level property at No. 114 sell in five minutes for $3.025 million in February. 58 Marine Pde, Miami.A ONE-bedroom beach shack with peeling paint has sold under the hammer for a mind-boggling $3 million. On the market for the first time since it was built, the home at 58 Marine Pde has been in the Kathage family for 52 years.The auction started at $2.5 million with three bidders battling it out to secure the ’50s beachfront property. 58 Marine Pde, Miami.In less than 20 minutes the house sold to a young Gold Coast couple who plan to demolish the property and build their dream home. With an original Hills hoist in the back yard and no evidence of a front door, Ron London Estates principal Ron London said it was the beachfront land the buyers were after. More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North8 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day ago“There is no parking on the streetfront either which has been really attractive to buyers,” he said. “The bidders were purely after the land.”last_img

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