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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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Beachfront house sale tops $35 million on North End of Palm Beach: MLS


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Beachfront house sells for $35.43 million on Via Los Incas in Palm Beach: MLS
The residence at 6 Via Los Incas last changed hands a decade ago when the late investments executive Sean M. Healty bought it for about $17 million.
Palm Beach Daily News
A Palm Beach oceanfront house purchased for about $17 million a decade ago by the late Massachusetts investments executive Sean M. Healey has sold for $35.43 million, according to a listing updated Thursday in the multiple listing service.
The reported price exceeds the $35 million asking price that was advertised in the Palm Beach Board of Realtors MLS. ....

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