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Florida mansion of Patron CEO sells for $40M

A Balinese estate with 300 feet of ocean frontage

The South Florida beach mansion of Patron CEO Edward M. Brown with patron bottles on the lawn and a ocean in the backyard
The South Florida beach mansion of Patron CEO Edward M. Brown
via Jack Elkins

The South Florida mansion of Patrón CEO Edward M. Brown has sold for $40 million, reports The Real Deal, with the oceanfront Balinese compound in Manalapan initially asking $48.9 million back in August.

Among the most interesting features within this near 30,000-square-foot behemoth known as “Casa Brisas” is the fact there’s a bottle of Patrón tequila in “almost every room,” including many of the 16 bathrooms, according to CNBC, and a $50,000 racing simulator.

Other details include an underground entertaining area—unusual for Florida—with an exotic car garage, yoga terrace, massage room, art gallery, gym, salon, library, wine room, fire pit, 1500-square-foot closet off the master bedroom, and a putting green.

The original home was built in the 1970s but underwent an extensive renovation by Mr. Patron in 2015 after purchasing it a few years earlier for $15.6 million. During the renovation, the asking price for the Florida mansion was far lower at $37.5 million.

Take the full photo tour here or check out the video on CNBC.