Deutsche Bank Asia Pacific chairman Ken Borda is selling his Palm Beach weekender.
LJ Hooker Palm Beach agent Peter Robinson is marketing the home with a $6.8 million guide for its May 8 auction.
Set on the Florida Rd dress circle, it has 1435 square metres of native gardens and beach views.
Borda, who owns a $3.56 million apartment in The Hyde in the CBD, paid $2.99 million in 2002 when the three-pavilion residence was bought from John Mills and Greg Clarke.
The main pavilion has two bedrooms and a rumpus room with bar.
The living space opens to a heated swimming pool.
This article was first published in the Saturday Daily Telegraph.