A 3 bedroom (5,534 sq. ft.) in-town townhouse sold recently for $3.8 million. It was listed for $3.85 million for approx 1 year before selling - no price reduction was made during the list period. It was located in the lake block of Palm Beach on Brazilian Avenue and offered a 2 car garage, gourmet kitchen & private pool. Please contact me if you would like more information on this sale or other Palm Beach real estate information.
40 Blossom Way, located in the estate section of Palm Beach, closed this week for a recorded sales price of $29,150,000. This was an 11,142 sq. ft. house w/ 6 bedrooms located on a 2.04 acre direct-ocean front parcel. The house was built in 1988 and the seller had bought the lot for $2.1 million in 1986 - needless to say, a substantial profit was realized! Please contact me if you would like more information on this sale.
A three-bedroom (4,750 sq. ft.) apartment recently sold for $4.5 million making it the most expense Palm Beach Island apartment sale year-to-date. Although the building (Leverett House) is located on the beach, this apartment did not have direct ocean views. It does have a private pool side cabana. Please contact me if you would like additional information on this apartment sale or any other Palm Beach real estate information.
6 Via Los Incas recently sold for $17,047,500. This is a single story, regency style home located directly on the Atlantic Ocean. The home, built in 1981, is comprised of 5 bedrooms and 8.2 baths and is located on approx 14,500 sq. ft. lot. The house was listed for over 5 years with a most recent list price of $21.9 million. The seller had purchased the home in April 2005 for $14.8 million so he realized a 15% gain during a down market cycle proving that location is still king in real estate! Please contact me if you would like more information on this house sale or other Palm Beach real estate information.
A direct ocean-front home sold this month for $26.4 million on Palm Beach. 102 Canterbury Lane is a 16,700 sq. ft. Bermuda style home, constructed in 1955 and is located on a 1.34 acre site. This sale was the largest Palm Beach MLS recorded house sale over the past 2 years. If you would like more information on this sale, please contact me at 561-310-7229.
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