An anoymous Russian billionaire contracted last month to purchase a spectacular French Villa for $750 million according to Fox News. Villa Léopolda is located in Cote d'Azur in the French Riviera. The estate requires 50 full time gardeners just to look after the grounds. The seller is Lily Safra, widow of billionaire Edmund Safra who was killed by an arsonist's fire in his Monaco apartment in 2003. The sale will shatter the previous record of $236 million paid for an home in London.
While Sarasota does not have any properties in the hundreds of millions, there are several spectacular estates currently listed for sale.
712 N Casey Key Road - Located on Casey Key, this home stretches from the Gulf to the Bay and is listed for $18.5M.
3410 Flamingo - Located on Siesta Key, the "Snook Inn" is a spectacular bayfront property with 500 feet of water frontage and 2 boat houses. It is listed for $17.5M.