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Manalapan ocean-to-lake estate sells for nearly $26 million, MLS says


The Mediterranean-style estate that just changed hands at 1040 S. Ocean Blvd. was completed in 2018 after several years of construction on a lot measuring 2.14 acres. The house and guesthouse have a combined total of eight bedrooms and 23,795 square feet of living space, inside and out. The estate has about 200 feet of direct beachfront and the same amount of frontage on the Intracoastal Waterway.
A Delaware-registered limited liability company named 1040 Ocean LLC bought the estate, according to the deed. Because of Delaware’s strict corporate privacy laws, no other information about the buyer s side of the sale was available in public records. ....

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Vacant lot sells for $6.9M in Palm Beach subdivision, with one left


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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. ....

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Lakefront house on Billionaires Row in Palm Beach sells for $40.67M


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Lakeside house built in 2016 brings $40.7M on Billionaires Row in Palm Beach, deed shows
The recorded price of the sale of 1330 S. Ocean Blvd. marks the second Palm Beach deal in a month to top $40 million. A limited liability company was the buyer.
Darrell Hofheinz
Palm Beach Daily News
A lakefront estate on Billionaires Row has been sold  for a recorded $40.668  million the second Palm Beach sale within a month to top the $40 million mark.
The house, that just changed hands at 1330 S. Ocean Blvd was developed on speculation and completed in 2016. It last changed hands in 2017 for a recorded $31.59 million, a deal that also included the furnishings. The house recently had been marketed with its furnishings at $56.5 million. ....

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Private-equity exec pays $10.9 million for landmarked Palm Beach house


Sandeep Alva of Onex Falcon buys 4 Golfview Road from trust linked to financier David Martinelli.
Darrell Hofheinz
Palm Beach Daily News
Investment manager David Martinelli has sold, via a deed recorded at $10.9 million, the renovated landmarked house he bought through a trust in 2016 at 4 Golfview Road.
Private-credit-financing specialist Sandeep Alva bought the 1922 house with four bedrooms and 5,207 square feet of living space, inside and out, according to the deed recorded Tuesday.
The house stands on a private road immediately south of Worth Avenue and directly across from the Everglades Golf Course.
Alva founded Falcon Investment Advisors of Boston and New York. In December, his company was acquired by the Toronto investment firm Onex Corp. and is now known as Onex Falcon. Alva serves as its managing director and co-head, according to its website.  ....

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Remodeled house brings $12.7M at 273 Tangier Ave. in Palm Beach


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Expanded-and-remodeled house brings $12.7M at 273 Tangier Ave. in Palm Beach
The North End house sold to Gretchen S. Jordan, wife of Chicago private-equity specialist John “Jay” W. Jordan II. The sellers were attorney Ronald J. Berk and his jewelry-designer wife, Judith Ripka Berk.
Darrell Hofheinz
Palm Beach Daily News
Ronald J. and Judith Ripka Berk have sold, for a recorded $12.7 million, the 1950s-era house they extensively renovated and expanded at 273 Tangier Ave. on the North End of Palm Beach.
The six-bedroom house with about 8,000 square feet of living space, inside and out  was bought by Gretchen S. Jordan, who acted as trustee of a trust in her name, the deed recorded Wednesday shows. ....

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