Under-renovation house sold for $28.5 million in Palm Beach, seller says palmbeachdailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from palmbeachdailynews.com Daily Mail and Mail on Sunday newspapers.
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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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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.