NewsSocietyShiny ShotsArtsReal Estate NewsLifestyleUSA TODAYObituariesE-Edition Two next-door vacant lots bring $40.25 million on Palm Beach’s Maddock Way The properties, one with lake frontage, were sold by companies linked to billionaire Mitchell Jacobson, records show. The buyer was a Delaware-registered limited liability co. Palm Beach Daily News Two adjacent properties on Maddock Way — one with lake frontage — that have sat vacant since they last sold together in 2013 have changed hands privately for a grand total recorded at $40.25 million. The simultaneous sales to the same buyer mark the second deal within a week in which a vacant lakeside property in Palm Beach has changed hands at more than $40 million.