A Mediterranean Revival-style estate in Miami Beach, Fla., formerly owned by Saudi royalty, is expected to list for $24.995 million, according to listing agent Dora Puig of Luxe Living Realty. Located on man-made Palm Island, the 0.8-acre property has 225 feet of water frontage and a poolside area overlooking Biscayne Bay. Ms. Puig said the owner undertook a major renovation that roughly doubled the size of the 1930 home to its current size of about 9,300 square feet, with six bedrooms and 6½ bathrooms.
The property also includes a detached guesthouse, a minigolf putting green, a bocce ball court, a full bar, a home movie theater and game room. The seller is Thomas Sullivan, founder of Lumber Liquidators and Cabinets to Go. He purchased the home in 2008 for $11 million from a corporation represented by Saudi Prince Mohammed Bin Faisal Bin Turki Bin Abdulaziz, according to county filings. The prince didn’t respond to a request for comment.
Mr. Sullivan said he is selling the home, which served as his primary residence, because he is looking to renovate another home in the Miami Beach area. Write to Stefanos Chen at stefanos.chen@wsj.com This article originally appeared on The Wall Street Journal.