A waterfront estate owned by the widow of Bee Gee Maurice Gibb
has sold for $17 million, or $1,264 per square foot. The original list
price was $19.9 million. The residence at 30 La Gorce Circle in Miami
Beach was built in 1953 and has 13 bedrooms and 11 bathrooms on 13,447
square feet of living area. The 53,374-square-foot lot has more than 300
feet of water frontage.
The sellers were Yvonne Gibb individually and Yvonne Gibb,
Adam Gibb, Samantha Gibb, Arnold J. Gitomer and Colonial Bank as
co-trustees of the Yvonne Gibb Qualified Domestic Trust. The new owners
are George and Betsy Sherman. George is the former chairman
of Campbell's Soup. He was also an executive with Black and Decker and
president and CEO of Danaher Corp. Previous sales for the property include
one in August 2002 for $7 million. Jeri Jenkins of Coldwell Banker
Residential Real Estate handled the sale. The property was on the market
for eight months.
