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


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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. ....

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Palm Beach house flipped for $18.44M after it sold in April for $17.45M: MLS


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New golf-course house sold in April flipped in Palm Beach, MLS shows
The house at 259 Pendleton Ave. had just been completed when the sellers bought it from its developer.
Palm Beach Daily News
The buyers who in April paid a recorded $17.45 million for a new house with a guesthouse in Midtown Palm Beach have flipped the property for $18.44 million, the price reported Wednesday in the multiple listing service.
The actual amount changing hands was higher because the property sold with its furnishings, according to sources familiar with the transaction. The house at 259
Pendleton Ave. had been listed unfurnished at $23.9 million with a “furnished option available upon request,” its MLS sales description said. ....

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