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Two next-door vacant lots bring $40.25 million on Palm Beach’s Maddock Way
The properties, one with lake frontage, were sold by companies linked to billionaire Mitchell Jacobson, records show. The buyer was a Delaware-registered limited liability co.
Palm Beach Daily News
Two adjacent properties on Maddock Way one with lake frontage that have sat vacant since they last sold together in 2013 have changed hands privately for a grand total recorded at $40.25 million.
The simultaneous sales to the same buyer mark the second deal within a week in which a vacant lakeside property in Palm Beach has changed hands at more than $40 million. ....

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