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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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Palm Beach house that just sold for $17.45M gets relisted at $23.9 M


The just-completed six-bedroom house with a two-bedroom guesthouse is at 259 Pendleton Ave.
Palm Beach Daily News
The buyers who a week ago paid a recorded $17.45 million for a new house on Pendleton Avenue in Midtown Palm Beach have put it back on the market at $23.9 million.
A company managed by Joseph Taylor and Hilary Budny of Newton, Pennsylvania, bought the house at 259 Pendleton Ave. in a deal that closed April 20. On Tuesday, the property was relisted in the Palm Beach Board of Realtors Multiple Listing Service.
The six-bedroom house and its two-bedroom guesthouse were developed on speculation by Todd Michael Glaser and a pair of investors. With 8,306 square feet, the house stands on a double lot that backs up to 175 feet along The Breakers’ golf course. The half-acre property is several blocks north of Royal Palm Way. ....

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