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Moens’ marketing materials described the house as “an oceanfront residence of unparalleled quality and timeless appeal.”
Property last sold in 2001
Edward Watkins formerly owned Simplex Time Recorder, a Massachusetts company started by his grandfather. Watkins expanded the company into fire alarms and security systems, and sold it for $1.2 billion to Tyco International in 2000, according to news reports at the time.
The Watkins trust paid a recorded $17.68 million for the South Ocean Boulevard property in 2001, according to property records. Crews demolished a seven-year-old house there to accommodate the mansion that just sold.
The Watkinses have a lakefront Georgian-style house at 735 Island Drive on Everglades Island, which they bought in October 2017 for a recorded $23.8 million using an ownership company, property records show.