Gary Nicklaus takes $12 million home in Bear's Club off the market - Coastal Florida Real Estate

Gary Nicklaus takes $12 million home in Bear’s Club off the market

Gary Nicklaus, Jack’s son, has taken his Bear’s Club home off the market.  It was only on the market for 32 days and was priced at $12.5 million.  That is $1,191 per square foot.  The monthly HOA fee is $1,583 and the taxes are over $138,000 annually.  It is now heading to auction.

The Bear's Club homes for sale

The house has over 10,000 square feet of living space with 6 bedrooms, 6 full baths and 2 half baths and is being sold without reserve. so the highest price gets the house.  This is a very unusual step.

I attended another auction in the Bear’s Club years ago but it was sold with a reserve, which was not reached, and so the owner kept the house.

UPDATE:  Gary relisted his house this AM for $8.4 million but it is still heading to auction on August 4.  If you have interest in a no reserve auction of one of the premier homes in The Bear’s Club contact me immediately so we can get you registered!

For more information on the luxury home market in The Bear’s Club, Admirals Cove or other fine clubs in the area, contact me directly at 561-762-4073.

Richard Sites, Jupiter real estate agent