Vacation property Madoff owned in Cote d’Azur had been seized by the feds the federal government March has since been sold. The chic three-bedroom Cap d’Antibes home netted $1.48 million noted the Justice Category. Funds from the sale will be held at the U.S. Marshall’s office.
Listed under Madoff’s wife’s name, the Palm Beach hideaway is valued at $7.5 thousands of. Featuring a pool, 8,753 square feet of living space, five-bedrooms and seven-bathrooms, the two-story home sits on a waterfront half-acre plot. Inside property is often a boat dock where Madoff parked his now-seized yacht, the Bull. It is a 55-foot fishing vessel reportedly worth $1.5 million.
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