Florida mansion of Patron CEO sells for $40M

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.