John Rosatti, founder of fast casual restaurant chain BurgerFi, is set to auction off a Fort Lauderdale mansion he bought three years ago for $12 million.
Rosatti had listed the property for sale for slightly less than $12 million in 2016.
The onsite auction of his 16,000-square-foot waterfront home in Fort Lauderdale is set for April 14.
DeCaro Auctions International will conduct the live, absolute auction of Rosatti’s five-bedroom, seven-bathroom house at 315 Royal Plaza Drive.
The property’s location in Fort Lauderdale’s Stillwell Isles is a short walk to more than 25 restaurants, bars, shops, art galleries and antique stores.
The gated and walled property includes a 5,000-bottle wine cellar and a multipurpose space that spans 6,500 square feet and is convertible to multiple uses, including a car museum with room for as many as 30 vehicles.
Among the outdoor amenities is a swimming pool flanked by palm trees, a koi pond, an outdoor coal oven and a built-in grill. The property also comes with a concrete dock on a deep-water canal.
Designed by award-winning architect Jacques Bouchard, the house has coffered ceilings, arched doorways and an oversized patio. The ornate interior is intended to convey a sense of being transported to Italy.
Afternoon previews of 315 Royal Plaza Drive are open to the public this weekend and April 13, the day before the auction, from 1 p.m. to 4 p.m. – Mike Seemuth