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Palm Beach real estate bustled amid tight inventory, 3Q reports show
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Palm Beach house sold in 2020 for about $5 million sells for double that
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Vacant lot brings nearly $40 million on SW corner of Everglades Island in Palm Beach
A limited liability company bought the waterfront property of nearly an acre at 757 Island Drive, which last changed hands for about $18 million in 2016.
Palm Beach Daily News
A Palm Beach couple has parted with a prominent corner lot on the southwest tip of Everglades Island for a recorded $39.5 million or $21.36 million more than the property last sold for in 2016.
The lot measures about nine-tenths of an acre, and the deal is likely the most expensive sale ever of a Palm Beach vacant lakefront lot of its size, according to courthouse records.
Paul Krasker, who acted as trustee of the
201 Ocean Revocable Trust. Because of privacy rules governing trusts, no other details about anyone behind the trust were immediately available in public records.
Asplundh’s late father co-founded
Asplundh Tree Expert Co., the prominent tree-trimming and landscape-maintenance company headquartered Pennsylvania with locations across the country and abroad.
The Monterey-style house that just changed hands has five bedrooms and 5,844 square feet of living space. On a lot of nearly a third of an acre, the house stands at the corner of North Ocean Way, a little more than half a mile from the northern tip of the island.
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