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Investors buy Palm Beach house for $25M with plans to refresh and sell it

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Investors buy home for $25M with plans to refresh, relist it at nearly $35M on North End
The 1973 house at 301 Polmer Park will undergo a refurbishment and get a new price tag of $34.85 million, says investor Richard C. True.
Palm Beach Daily News
Two real estate investors have paid a recorded $25 million for a 1970s-era house in a private transaction on Polmer Park Road on the North End of Palm Beach.
The new owners are refreshing the house and already have relisted it for sale at $34.85 million, said Richard C. True, who manages the Florida limited liability company that bought the property. ....

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Ocean-to-Intracoastal Manalapan Mansion Sells for $29M

Ocean-to-Intracoastal Manalapan Mansion Sells for $29M
therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.

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James. D. Robinson IV of RRE Ventures's company tied to Manalapan home sale - South Florida Business Journal

James. D. Robinson IV of RRE Ventures's company tied to Manalapan home sale - South Florida Business Journal
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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Oceanside condo fetches $12 million on North Breakers Row in Palm Beach

Oceanside condo fetches $12 million on North Breakers Row in Palm Beach
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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Palm Beach house flipped for $18.44M after it sold in April for $17.45M: MLS

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New golf-course house sold in April flipped in Palm Beach, MLS shows
The house at 259 Pendleton Ave. had just been completed when the sellers bought it from its developer.
Palm Beach Daily News
The buyers who in April paid a recorded $17.45 million for a new house with a guesthouse in Midtown Palm Beach have flipped the property for $18.44 million, the price reported Wednesday in the multiple listing service.
The actual amount changing hands was higher because the property sold with its furnishings, according to sources familiar with the transaction. The house at 259
Pendleton Ave. had been listed unfurnished at $23.9 million with a “furnished option available upon request,” its MLS sales description said. ....

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