Malaksy-built house sells for $18 22 million in Palm Beach s Estate Section 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.
Ah, the power of a newly renovated property in Palm Beach.
In January 2020, businessman Richard A. Graciano Jr. and his wife, Debra White Dove Graciano, bought a house at 120 Clarendon Ave. for a price recorded at just under $10 million. The couple then embarked on a substantial update of the residence, which was built in 2001.
And now they have flipped the property for $22.713 million, the price recorded Monday at the Palm Beach County Courthouse.
The buyer was Florida limited liability company named after the property’s address and managed by West Palm Beach attorney Paul Krasker, according to the deed and state business records.
Ah, the power of a newly renovated property in Palm Beach.
In January 2020, businessman Richard A. Graciano Jr. and his wife, Debra White Dove Graciano, bought a house at 120 Clarendon Ave. for a price recorded at just under $10 million. The couple then embarked on a substantial update of the residence, which was built in 2001.
And now they have flipped the property for $22.713 million, the price recorded Monday at the Palm Beach County Courthouse.
The buyer was Florida limited liability company named after the property’s address and managed by West Palm Beach attorney Paul Krasker, according to the deed and state business records.
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Deed: Palm Beach’s Phipps Estate enclave sees $23-million sale
The deal at 228 Via Las Brisas set a price record among the 20 houses on the two streets in the North End neighborhood. The mansion had been in the same family since it was built in 1996.
Palm Beach Daily News
One of the original residences in Palm Beach’s Phipps Estate enclave has sold for a price recorded at about $23 million the first time 228 Via Las Brisas has changed hands since it was built nearly 25 years ago.
The mansion is the most expensive ever to sell of the 20 houses with addresses on Via Las Brisas and Via Tortuga, the two streets that border a much larger estate at 441 N. Lake Way in the center of the Phipps Estate neighborhood on the North End.