Cash-strapped Entertainer David Cassidy Has Sold Off His Florida Estate For $2 Million (£1.25 Million).
Picture: David Cassidy, performing live on the 'Once in a Lifetime Tour' at Wembley Arena London England 11.11.12
The former The Partridge Family star was forced to put the luxury Fort Lauderdale property on the market after declaring bankruptcy in February (15) and it went up for auction earlier this month (Sep15).
It was initially picked up for $1.8 million (£1.13 million), but the bidder later backed out, and another buyer offered to pay Cassidy $2 million for the waterfront home to help the singer/actor pay off his debts.
The offer was presented to bankruptcy court officials on Friday (25Sep15) and they signed off on the deal.
The sale is expected to officially close within the next 30 days.
Cassidy bought the five-bedroom property for $1.1 million (£687,500) in 2001 and it was recently appraised at $1.9 million (£1.19 million).
The 65 year old is reported to have amassed debts of up to $10 million (£6.25 million) by the time of his bankruptcy filing earlier this year (15).
Cassidy is also battling his estranged wife, Sue, in the divorce courts after she filed to end their 23-year marriage last year (14).