Wednesday, August 3, 2011

Sale of 4.36-Acre Lakefront Estate in Orlando Marks Convergence of Two Major Economic Trends

ORLANDO, Fla. --- Stirling Sotheby’s International Realty’s recent sale of the $3.3 million Joey Fatone estate on the Butler Chain of Lakes near Windermere marks the convergence of two global economic trends we may see more of in the future.

The buyer was one of thousand’s of Chinese families whose increasing affluence is a clear sign of China’s booming economy.

The seller, singer-celebrity Joey Fatone, formerly of ‘N Sync, designed and built the 12,370 square foot mansion with six bedrooms, 10 baths, a million-dollar resort style swimming pool and an air conditioned garage for six vehicles that has a private kitchen, a bath and rotating floors. To view a video of the property visit http://youtu.be/4ff8uXouiho.

Stirling Sotheby’s International Realty International Luxury Home Specialists Sally Andy and David Warren represented the property in the sale. Visit www.sallyandy.com.

Stirling Sotheby’s marketed the Fatone estate through its worldwide network of realtor associates in 43 countries, according to Andy.

“The Fatone estate is a unique luxury property whose market includes the world’s most affluent potential buyers and they can live anywhere on the planet,” she said.

“Our marketing program was truly worldwide in scope,” Warren said. “The ramifications of this style of marketing are pretty significant for the Central Florida area as a whole,” he said.

“In the eyes of the world, we are significantly enhancing the value of Central Florida as a destination, not only for visitors but for families who want to live here,” added Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty.

Fatone was recently featured on the ABC reality show “Dancing with the Stars” and is currently hosting “Karaoke Battle U.S.A,” which premiers on ABC TV Aug. 12.

The Fatone property, located on “Millionaire’s Row” on Kilgore Road near Windermere, offers private security-gated entry, a 3,800 square foot master suite, private boathouse and dock, game room, in-house theater room, and state-of-the-art electronics, surveillance and security systems throughout the property.

The Sally Andy and David Warren team are one of the top producing real estate teams at Stirling Sotheby’s International Realty.

About Stirling Sotheby’s International Realty:
Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates three performance zones which serve all of Central Florida. Visit www.StirlingSIR.com.

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