Alan Potamkin’s Miami mansion has sold. The property had been on the market since May of 2015, with a rather sanguine initial listing price of $67 million, but wound up under contract for $43.7 million; still, that’s 5,000% above the neighborhood mean.

The house at 1 Casuarina Concourse isn’t modest. A sprawling, ivy-covered Mediterranean style in gated Gables Estates, the home’s façade is strongly influenced by the villas of southern Italy, with a covered entrance, loggias, mucho marble, and ornamental columns a-plenty. It measures nearly 21,000 square feet, and contains nine bedrooms and fifteen baths.

The interior of the home is an amalgam of design styles, but all in all it’s very formal. The foyer, with its buttressed ceiling and double doors, is gothic; other rooms are paneled; floors may be marble or ornate inlaid hardwood, as in the gallery and study. Throughout most of the three-story main residence, the emphasis is on materials and execution. A games room, on the other hand, looks a little like a middle-of-the-road business office, as if the interior designer forgot all about it.

The property exterior features nearly 1,000 feet of ocean frontage with boatlift and lock and private dock, as well as a tennis court, and a very generously proportioned pool. Patios, gardens, and palm-dotted lawns extend across the nearly three acres of property. There is a guest house, as well, with two bedrooms. The guest house is detached and self-contained.

Alan Potamkin took up where his father, Victor, left off; using deep discounts to sell lots of cars. The Potamkin Auto Group is an East Coast juggernaut in the business; Alan’s net worth is estimated at $150 million.

Potamkin built the home in 2000, after buying the property in the late 1980’s for $2 million.