Having been on the market for a few years, the recent news of His Hollywood Royaltyness Matt Damon's North Bay Road house entering contract didn't include one key bit of info: the sale price. Well, according to SFBJ, that price was $15.375 million, millions less than the house's original asking price (a cool $20 million bucks), but still an almost 50% return on his investment. The new owner, Patrick Markert, gets an historic Mediterranean Revival mansion on a deliciously big piece of property with a whopping 170 feet of bay frontage. It even has a name: Maravilla.
· Matt Damon reaps big profit on sale of Miami Beach home [SFBJ]
· Matt Damon coverage [Curbed Miami]