A collection of three homes in a new development in South Florida that include a 2,000-square-foot gingerbread cottage and three bathrooms have sold for more than $20 million, NBC News has learned.
The sale of the four-bedroom house in the historic town of Southside in Weston County, just north of Miami, is the second-highest sale in Orange County history, according to Real Estate Investment Trust data.
It was built in the 1930s and was built on a 1,500-acre property that was later sold to an international real estate firm.
The homes were originally valued at more than two million dollars.
The new owner of the two-bedroom, three-bathroom house, who is not being identified, said he had hoped to buy the property but was “not thrilled” with the price.
“The prices are ridiculous,” he said.
“They’re going to be out of control.”
The first home to go on the market was a two-story, five-bedroom home in the town of West Palm Beach for $18.9 million in 2014.
A similar house in Miami was priced at $17.6 million in February.
In 2015, the sale of a five-story house in Southside sold for $21.5 million.
In October, the first home in South Side sold for about $14.5 billion.
The new owners of the three houses were looking for a buyer.
“We didn’t think this was going to happen,” said Mark Wilson, president of South Side Real Estate Development, who said the new owners have no connection to the old owners.
“They’re trying to make a profit off this,” Wilson said.
The town of Weston, located just south of downtown Miami, has more than 1,300 residents.
The town is home to more than 50 businesses and includes a large auto plant.
The current owners are planning a major renovation to the property, but Wilson said that would take time.
“I think they’re going into it with the intention of selling and not rehabbing it, so it’s going to take some time,” he told NBC News.
The two-floor house on the top floor was built around 1915.
The other two- and three-story houses were built between the 1940s and the 1960s.
“This is an incredible property,” said Laura Stokes, who owns a home in Weston that is in the area.
“The house is a gem.”
The house sits in a community that has been in the news a lot recently.
The county’s unemployment rate has climbed to 10.6 percent, and the county’s median household income has jumped to $70,000.
Stokes said she was surprised at the sale price.
She said she’s been waiting to see how the property would turn out because she didn’t realize the house would be so high in price.
“It was a little bit of a surprise,” she said.