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Vacant lot with water on 2 sides sells for nearly $40 million in Palm Beach - Vimarsana News

Vacant lot with water on 2 sides sells for nearly $40 million in Palm Beach

NewsSocietyShiny ShotsArtsReal Estate NewsLifestyleUSA TODAYObituariesE-Edition 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, an...

Nine property sales this season topped $40M in Palm Beach - Vimarsana News

Nine property sales this season topped $40M in Palm Beach

When it comes to big-dollar deals in Palm Beach, this season saw an abundance of riches. Between Oct. 1 and Thursday, 38 sales closed at prices recorded at $17 million or higher. In the same period last year, just 12 deals landed in that price category — 13 if you record a property that sold for $16.9 million. This season also saw six sales record at between $30 million and $40 million, while another nine deals hit prices even higher. Here’s a rundown of the sales — including two that involved vacant lots — recorded at more than $40 million this season. Unless otherwise noted, the p...

Two vacant lots bring $40.25M on Palm Beach's lakefront - Vimarsana News

Two vacant lots bring $40.25M on Palm Beach's lakefront

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 bu...