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Sold Stuff

Innocence Island, the largest privately-owned island in the Bahamas, was just auctioned off for $17M, a mind-blowing $38M less than it asked just last year. Once called the "last unspoiled bastion" of its kind, the property offers a 5,000-square-foot, six-bedroom main house and docks lined in cabana-style dwellings. See the crazy bargain the president of Private Islands Inc. summed up as "definitely a steal," this way. [CNN Money; previously]