320 Island Road, Palm Beach (Google Maps)
A member of the Berwind family sold his lakefront Palm Beach estate at a big discount off its original listing price in 2019.
Records show James D. Berwind sold the home at 320 Island Road to Jones Lakeland LLC for $26.1 million.
The buyer, Jones Lakeland LLC, managed by W. Allan Jones, just sold his Palm Beach home for $27 million. Jones is founder and CEO of Check it Into Cash, a company that provides payday advances to walk-in customers. Jones founded the company in Cleveland, Tennessee in 1993. According to his website, it’s the third-largest payday lending company in the nation.
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Palm Beach custom home on Island Road brings $26M, MLS says
The Bermuda-style compound built by James D. Berwind at 320 Island Drive won an award recognizing excellence in architecture from the Preservation Foundation of Palm Beach.
Darrell Hofheinz
Palm Beach Daily News
UPDATE, Jan. 12, 2020: A Tennessee-based limited liability company paid James D. Berwind a recorded $26.2 million for his lakefront compound at 320 Island Road, the deed shows.
The buyer was Jones Lakeland LLC, a limited liability company controlled by W. Allan Jones, who founded Check Into Cash Inc., one of the country’s largest payday-lending companies.