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Mansion brings $95 million on Palm Beach s Billionaires Row, deed shows

Moens’ marketing materials described the house as “an oceanfront residence of unparalleled quality and timeless appeal.” Property last sold in 2001 Edward Watkins formerly owned Simplex Time Recorder, a Massachusetts company started by his grandfather. Watkins expanded the company into fire alarms and security systems, and sold it for $1.2 billion to Tyco International in 2000, according to news reports at the time. The Watkins trust paid a recorded $17.68 million for the South Ocean Boulevard property in 2001, according to property records. Crews demolished a seven-year-old house there to accommodate the mansion that just sold. The Watkinses have a lakefront Georgian-style house at 735 Island Drive on Everglades Island, which they bought in October 2017 for a recorded $23.8 million using an ownership company, property records show.

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