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Brothers sell homes on same street in auction

Two brothers recently sold their two Miami mansions, which are on the same street, in an auction.

Two brothers recently sold their two Miami mansions, which are on the same street, in an auction.

Two brothers recently auctioned off their palatial homes, which are located on the same street, to the same secret bidder.

Dr. Steven Fox and Dr. Robert Fox are both retired cardiologists who sold their Miami homes for a total price tag of $12.4 million, which the brothers will split down the middle, according to the Miami Herald. The name of the buyer will be kept private until the final closing of the purchase.

“It’s very unpleasant being a seller in this market,” Robert Fox told the Herald. “But I think we both got a good price. The buyer realized the great opportunity and jumped to get the second one.”

The source reported Pompano Beach's mayor and auctioneer Lamar Fisher was given the job of getting as much as possible for the two homes. Fisher thought the best way to conduct the auction was to have bidders challenge each other for one home at a time, but the buyer who secured both homes had prepaid for the right to take both houses at twice the price of one.

The homes are located on Ocean Boulevard in Golden Beach, and have been occupied by the brothers since 1990, the Herald reported.

Another Florida resident might soon be packing up moving boxes. Miami Heat forward Mike Miller recently placed his Pompano Beach home on the market for almost $9 million.