Wayne Huizenga knows that for the right price, you must sell.
Bidding adieu to his Floridian Golf & Yacht Club, Mr. Blockbuster will have to take his lavish parties and private golfing elsewhere. The property, which was bought in 1996 for $750,000, was sold last week for $25.6 million to a Texas entrepreneur.
Boasting two helicopter pads, a world-class clubhouse, guest cottages, deep water docks on the St. Lucie River and a 300-acre course designed by Gary Player, the club distributed memberships to the likes of Rush Limbaugh, Michael Douglas and Dolphins Vice President Bill Parcells. The new owner plans to build more cottages and a new fitness center for members.