EFTA01779300

From: Sent: To: Wednesday, February 23, 2011 3:06 AM [email protected] South Ocean estate fetches $11.05M By Darrell Hofheinz Daily News Real Estate Writer Updated: 6:58 p.m. Tuesday, Feb. 22, 2011 Posted: 6:55 p.m. Tuesday, Feb. 22, 2011 A contemporary-style house directly on the ocean in the Estate Section has changed hands for about $11.05 million, according to a warranty deed recorded Friday. Linda Gary of Linda A. Gary Real Estate Inc. represented who in 2009 transferred ownership of the 6,322-square-foot house at to a limited liability company. Gary also represented the buyers, listed on the Feb. 17 deed as Tc/ront>he one-story home — which overlooks 145 feet of beachfr=nt — in 1985 at the time of its construction as a "spec" house dev=loped by the late Robert Gottfried, Gary said. Gottfried built it and the house directly to its north on land owned by late car dealer Roger H. Dean, she added. Watkins paid $2.9 million for the property, according to county property records. Gary had last listed the house with an asking price of $13.9 million.<=div> "It was an excellent buy," Gary said. "It's a solidly =uilt house with high ceilings. It also has an unusually high elevation for that area."<=div> EFTA_R1_00096447 EFTA01779300