Horizons, the Bahamian oceanfront estate in which Anna Nicole lived, was purchased back in October by South Carolina real estate mogul G. Ben Thompson for $950,000.
TMZ has obtained an attorney's letter written to Thompson and his son-in-law, S. Ford Shelley, which states that they have "a good and marketable title to that property... " and there is, "a duly executed and stamped conveyance in your favour."
TMZ has learned Thompson and Shelly are currently interviewing brokerage firms worldwide -- firms that are interested in winning the listing.
In short, it appears Thompson and Shelly have a right to sell the property, which may have skyrocketed in value because of the incredible publicity surrounding the Smith saga. Sources say Stern himself believes the property is worth $10 mil.