NewsSocietyShiny ShotsArtsReal Estate NewsLifestyleUSA TODAYObituariesE-Edition Vacant lot on former Kluge land brings $6.9M in Estate Section of Palm Beach Five of the original six vacant lots in Estate Section subdivision have now sold on land once owned by late billionaire John Kluge. Darrell Hofheinz And then there was one. That’s how many lots are left in the subdivision real estate developer and insurance mogul Sir Peter Wood carved from an estate he bought in 2016, four streets south of Worth Avenue. The fifth of the six vacant lots there sold earlier this month for a price recorded at just under $6.9 million. Measuring nearly half an acre, the vacant lot at 127 El Bravo Way is on the corner of South County Road.