LONDON — When the $2.5 million beachfront mansion in Florida’s Keys was first purchased, it sold for $9 million.
Now it’s worth $2,542,000.
The house, which sits on a private island, was first bought for $1.9 million in the 1960s by a wealthy woman, according to an auction house.
Now, it’s up for auction for a record-setting $1 million, after the sale closed Tuesday.
The mansion is one of three in Florida that sold for more than $1 billion.
The house, built in 1959, is listed for $2m.
The other two are $1,725,000 and $1m.
This is the second sale of the estate, after a $6 million sale in New Jersey.
It is the property of the late billionaire and philanthropist David Rockefeller.