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Nine property sales this season topped $40M in Palm Beach


When it comes to big-dollar deals in Palm Beach, this season saw an abundance of riches.
Between Oct. 1 and Thursday, 38 sales closed at prices recorded at $17 million or higher. In the same period last year, just 12 deals landed in that price category 13 if you record a property that sold for $16.9 million.
This season also saw six sales record at between $30 million and $40 million, while another nine deals hit prices even higher.
Here’s a rundown of the sales including two that involved vacant lots recorded at more than $40 million this season. Unless otherwise noted, the prices are the ones documented by the Palm Beach County Clerk’s office. ....

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Palm Beach 'spec' house listed at $140 million lands under contract


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Priced at $140 million, Palm Beach ‘spec’ house lands under contract, MLS shows
The just-finished beachfront house at 535 N. County Road stands on property once owned by former President Donald Trump. The listing was marked “pending” after only a month in the MLS.
Darrell Hofheinz
Palm Beach Daily News
Add another piece of evidence to the growing pile that says Palm Beach’s red-hot real estate market continues to sizzle on the high end the very high end, in this case.
The most expensive property ever listed on the island a furnished seaside mansion developed on speculation and priced at $140 million has landed under contract, according to a listing updated Monday in the local multiple listing service. ....

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Palm Beach Mansion Sells for Just Over $40 Million


Mansion Global
The nearly two-acre estate was first listed for $59.5 million and features an Italian-style villa
By V.L. Hendrickson
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A Palm Beach, Florida, mansion sold last month for $40.67 million, about 28% less than the listing price, according to a deed made public on Friday.
The nearly two-acre estate, which boasts 184 feet of lake frontage and a dock on the Intracoastal Waterway, went into contract on Dec. 10, according to records. It was first listed in July for $59.5 million. The price was cut in October to $56.5 million, listing records indicate.
Built in 2016, the property was sold by Sunshine Estate Partners, a Switzerland-based company connected to businessman Gerald Herz, records show. The company purchased the estate for $31.6 million in April 2017.  ....

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Lakefront house on Billionaires Row in Palm Beach sells for $40.67M


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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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Furnished house priced at $56.5M lands under contract in Palm Beach


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Furnished lakeside house with $56.5 million price tag lands under contract in Palm Beach
An entity linked to a Swiss couple is selling the lakeside estate completed in 2016 at 1330 S. Ocean Blvd., records show.
Darrell Hofheinz
Palm Beach Daily News
Another big-dollar property in Palm Beach has landed under contract, this one a lakeside mansion completed about four years ago on Billionaires Row.
The house at 1330 S. Ocean Blvd. is the second Palm Beach estate with a price tag exceeding $56.5 million to have its listing marked “pending” in the local multiple listing service within the past month. ....

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