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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. ....
NewsSocietyShiny ShotsArtsReal Estate NewsLifestyleUSA TODAYObituariesE-Edition Developer buys seaside house for $12.6M in Palm Beach; says he’ll remodel it Todd Michael Glaser bought 1980s house at 870 S. Ocean Blvd. in same neighborhood as President Donald Trump s Mar-a-Lago. Darrell Hofheinz Palm Beach Daily News A developer has bought his second oceanfront house in Palm Beach’s Estate Section within the past month. In a sale expected to record at $12.64 million, a company controlled by Todd Michael Glaser bought a 34-year old beachside house at 870 S. Ocean Blvd., he told the Palm Beach Daily News. The off-market deal closed only a couple of weeks after Glaser and his investment group bought another beachside house about two blocks away from Mar-a-Lago, President Donald Trump’s winter White House. ....
Real estate agent says a new house will be developed on the land at 7 Ocean Lane. Darrell Hofheinz Palm Beach Daily News A beachfront vacant lot with an eye-popping price tag of $21.9 million has sold for a recorded $20.2 million in Palm Beach, a deed recorded Tuesday shows. A new house will be developed on speculation on the property at 7 Ocean Lane, according to the real estate agent on the buyer’s side of the sale. The half-acre lot has about 100 feet of beachfront and is a block south of The Beach Club at the end of a cul-de-sac. The lot is next door to a home owned by Elizabeth Ailes, widow of former Fox News president and CEO Roger Ailes, who died in May 2017 shortly after the couple bought their house new in 2016. ....