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Under-renovation house sold for $28 5 million in Palm Beach, seller says

Under-renovation house sold for $28 5 million in Palm Beach, seller says
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Vacant lot with water on 2 sides sells for nearly $40 million in Palm Beach

NewsSocietyShiny ShotsArtsReal Estate NewsLifestyleUSA TODAYObituariesE-Edition Vacant lot brings nearly $40 million on SW corner of Everglades Island in Palm Beach A limited liability company bought the waterfront property of nearly an acre at 757 Island Drive, which last changed hands for about $18 million in 2016. Palm Beach Daily News A Palm Beach couple has parted with a prominent corner lot on the southwest tip of Everglades Island for a recorded $39.5 million or $21.36 million more than the property last sold for in 2016. The lot measures about nine-tenths of an acre, and the deal is likely the most expensive sale ever of a Palm Beach vacant lakefront lot of its size, according to courthouse records.

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Palm Beach lot sold for $7 million in December just flipped for $12 million

The buyers are planning to develop a house on speculation on the parcel at 220 Jungle Road in the Estate Section, where vacant land is scarce.

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Palm Beach architecture panel kills beach house for lot near Mar-a-Lago

Design for home at 1015 S. Ocean Blvd. had been whittled down repeatedly since it was first reviewed by the Architectural Commission five months ago.

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Palm Beach house sold in December for $7 million resold $11 million

NewsSocietyShiny ShotsArtsReal Estate NewsLifestyleUSA TODAYObituariesE-Edition Another Palm Beach flip: House sold in December for $7M resold for $11M The house built in 1965 will be replaced by a new one to be developed on speculation, says Carl Sabatello of Sabatello Cos. Palm Beach Daily News A pair of Palm Beach real estate investors just flipped, for $11 million, a North End house their company bought in December for $7 million, according to the prices recorded at the courthouse. A Florida limited liability company sold the house built in 1965 at 216 Tradewind Drive in an off-market deal recorded Friday. The company is associated with Richard True and David G. Lambert, who have each developed and sold houses in Palm Beach.

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