Never-lived-in house at 905 N. Ocean Blvd. was sold by longtime Palm Beachers Pat and Lillian Carney.
Palm Beach Daily News
Hedge-fund billionaire David Tepper and his wife, Nicole, are on the buyer’s side of an off-market sale that closed Friday for as much as $73 million for a never-lived-in oceanfront mansion on the North End of Palm Beach, sources have confirmed for the Palm Beach Daily News.
The price recorded late Friday afternoon with the deed for 905 N. Ocean Blvd. was $68.385 million. Recorded prices are often lower than contract prices because the latter may include items such as real estate commissions, fees and furnishings, real estate observers say.
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Lakeside house built in 2016 brings $40.7M on Billionaires Row in Palm Beach, deed shows
The recorded price of the sale of 1330 S. Ocean Blvd. marks the second Palm Beach deal in a month to top $40 million. A limited liability company was the buyer.
Darrell Hofheinz
Palm Beach Daily News
A lakefront estate on Billionaires Row has been sold for a recorded $40.668 million the second Palm Beach sale within a month to top the $40 million mark.
The house, that just changed hands at 1330 S. Ocean Blvd was developed on speculation and completed in 2016. It last changed hands in 2017 for a recorded $31.59 million, a deal that also included the furnishings. The house recently had been marketed with its furnishings at $56.5 million.
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EXCLUSIVE: Town OKs razing Jeffrey Epstein’s ‘infamous’ mansion in Palm Beach
A developer has the late convicted sex offender’s mansion under contract and plans to build a house there on speculation.
Darrell Hofheinz
Palm Beach Daily News
A Palm Beach board has approved the demolition of the lakefront mansion that was home to the late convicted sex offender Jeffrey Epstein. The disgraced financier regularly assaulted underage girls at the house, prosecutors have said.
The Architectural Commission on Friday unanimously approved a demolition request for the house at 358 El Brillo Way, which is under contract to be sold, according to the local multiple listing service.