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Investors buy Palm Beach house for $25M with plans to refresh and sell it


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Investors buy home for $25M with plans to refresh, relist it at nearly $35M on North End
The 1973 house at 301 Polmer Park will undergo a refurbishment and get a new price tag of $34.85 million, says investor Richard C. True.
Palm Beach Daily News
Two real estate investors have paid a recorded $25 million for a 1970s-era house in a private transaction on Polmer Park Road on the North End of Palm Beach.
The new owners are refreshing the house and already have relisted it for sale at $34.85 million, said Richard C. True, who manages the Florida limited liability company that bought the property. ....

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