A newly constructed house in Boca Raton’s most expensive residential neighborhood topped signed contracts for luxury homes in Palm Beach County. Buyers signed 10 contracts between Nov. 3 and Nov. 9 for luxury properties in Palm Beach County, according to a report from Douglas Elliman’s Eklund-Gomes team. The homes that went pending last week total … Read more
A spectacular legacy compound in Palm Beach, FL, has listed for the first time since it was built in 1976—with the astronomical asking price of $185 million, offering what the listing describes as a “once-in-a-generation opportunity” to own one of the area’s most extraordinary legacy estates. That sky-high ask has propelled the dwelling to the … Read more
West Shore bought a 542-unit apartment complex in Palm Beach Gardens for $117.9 million, marking a continuing uptick of multifamily investment sales in South Florida. Boston-based West Shore bought the Palm Beach Gardens Apartments at 4120 Union Square Boulevard from Aventura-based Advenir, according to records and real estate database Vizzda. The buyer borrowed a $550 … Read more
An oceanfront Colonial estate in Palm Beach, FL, that is owned by retired Goldman Sachs partner and racehorse breeder C. Steven Duncker and his wife, Melinda, has galloped to first place on the week’s most expensive homes list. The Dunckers purchased the North End property for $6.225 million in 2011 and proceeded to demolish the … Read more
In the gold rush that is real estate development in West Palm Beach, nothing is more valuable than the dirt on waterfront Flagler Drive. But there is no vacant land left for sale. Aging condos inhabit the remaining development sites, their boards controlled by unit owners with differing opinions on the fate of their tropical … Read more
OKO Group and Cain International won initial approval to move forward with their planned three-building oceanfront condo project in Palm Beach. The proposed five-story, three-building complex has undergone multiple revisions since the first presentation to Palm Beach’s notoriously severe Architectural Review Commission (Arcom) in March. In the meeting on Wednesday, the developers got the green … Read more
Billionaire Steve Ross, a dominant force in West Palm Beach real estate, proposes his second convention center hotel in the city. Ross’ Related Ross plans a $290 million Curio by Hilton with 400 keys at its site at 900 South Rosemary Avenue, and is seeking to sell the property to Palm Beach County for $1 … Read more
The real estate industry is no stranger to dynastic rule. For as long as real estate has been a business, it’s been a family business. That tradition is alive and well with the Frisbie Group, a Palm Beach homegrown development firm where nearly every employee shares the same last name. Decades into the business, the … Read more
Palm Beach’s “trash kingpin” is looking to clean up with the sale of his waterfront megamansion—listing the dwelling for the sky-high price of $59.5 million, just weeks after he sold off another nearby property for $38 million. Waste management tycoon and prominent Trump donor Anthony Lomangino purchased the sprawling Florida abode for the relatively paltry … Read more
The widow of a former pharmaceuticals CEO found a buyer for their Palm Beach house asking $21.5 million after seven months on the market. It was one in a surge of luxury contracts signed in Palm Beach County last week. Buyers signed 19 contracts between Oct. 20 and Oct. 26 for luxury properties in Palm … Read more