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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 prices are the ones documented by the Palm Beach County Clerk’s office. ....

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Updated landmark house fetches $14.3M on lakefront

On North Lake Way
The Glasers bought the North Lake Way house in 2017 for a recorded $5.6 million when it was ripe for renovation. With longtime ties to Miami Beach, the couple said at the time they were attracted to the house’s nautically influenced architecture, which includes porthole windows, a curvilinear silhouette and pipe railings.
With six bedrooms, the house has 6,040-square-feet on a lot with about 65 feet of lakefront and a dock, where the Glasers kept Sea Tabby, their vintage Trumpy yacht.
Agent Suzanne Frisbie of Premier Estate Properties acted on the Glasers’ behalf in the sale last week. Brown Harris Stevens agent Whitney McGurk confirmed he and colleague Liza Pulitzer handled the buyer’s side. ....

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Palm Beach house flipped for $17.75M six months after it last sold: MLS

Palm Beach Daily News
Reflecting the realities of the seller’s market in Palm Beach, a house near the ocean in the Estate Section has been flipped for a reported $17.75 million, less than six months after it changed hands for about $11.35 million.
The seller of 111 El Brillo Way apparently was a company controlled by private-equity specialist Andy Unanue. He once was a lead executive at his family’s Goya Foods, which specializes in products used in Latino cuisine.
The sale price was reported Friday in the Palm Beach Board of Realtors Multiple Listing Service. No deed had been posted Friday morning at the Palm Beach County Courthouse, so the identity of the buyer hasn’t been made public. It’s also unclear if the price reported in the MLS will match the one to be recorded by the Palm Beach County Clerk’s office. ....

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A vacant ocean-to-lake lot sells for $15.45 million near Palm Beach

A vacant ocean-to-lake lot sells for $15.45 million near Palm Beach
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EXCLUSIVE: Fashion icon Tommy Hilfiger buys $9M Palm Beach house through company

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EXCLUSIVE: Tommy Hilfiger buys Palm Beach house for $9 million through ownership company, deed shows
Fashion designer and wife Dee Ocleppo Hilfiger close on furnished house while laying plans to buy and renovate a larger estate in Palm Beach, sources say. The couple sold their Palm Beach oceanfront mansion in 2018 for $35 million.
Palm Beach Daily News
Fashion designer Tommy Hilfiger and his wife, designer Dee Ocleppo Hilfiger, are again homeowners in Palm Beach, having paid a recorded $9 million for a just-completed house on the North End, sources familiar with the transaction have confirmed for the Palm Beach Daily News. ....

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