Fort Lauderdale Man Selling Island For $12 Million
POSTED: 11:45 am EDT June 29,
2007
FORT LAUDERDALE, Fla. -- How much is a private island worth? Apparently not the $12 million a Fort Lauderdale man was seeking for his personal paradise in the Bahamas.
Jack Holcomb was auctioning off his private island, called Leaf Cay. But no bidders stepped up Thursday to meet his asking price.
Holcomb said he has a backup plan to sell the island, but hasn't released any details.The 15-acre island was designed to be self-sufficient for five years. Holcomb designed most of its 19 hurricane-hardened buildings."You go over there and nobody knows you're there," Holcomb said. "Nobody bothers you. I got a beach over there you could stand on for two weeks nude and nobody would ever see you."The island was once owned by Queen Elizabeth II. Holcomb bought it in 1986 for $650,000.He said he decided to sell it on doctor's orders. He's been treated for skin cancer, and was told to spend less time in the sun.
Copyright 2007 by NBC6.net The Associated Press contributed to this report. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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