Billionaire Greg Mondre Finds Buyer for $40 Million Teardown

Billionaire Greg Mondre Finds Buyer for $40 Million Teardown

Luxury deals slowed during the holiday week, after an early November surge, but a private equity billionaire still managed to find a buyer for his oceanfront Palm Beach home.   Buyers signed 15 contracts between Nov. 24 and Nov. 30 for luxury properties in Palm Beach County, according to Douglas Elliman’s Eklund-Gomes team. The homes that … Read more

Palm Beach Mansion Bought as a Teardown by Its Neighbors for $15.5 Million Is Put Back on Market Just 1 Year Later—for Nearly 4 Times the Price

Palm Beach Mansion Bought as a Teardown by Its Neighbors for $15.5 Million Is Put Back on Market Just 1 Year Later—for Nearly 4 Times the Price

A Marion Sims Wyeth-designed compound in Palm Beach’s Estate Section has just hit the market for $59 million—just over a year after it was purchased by two neighbors who planned to raze the Florida property and split the parcel to expand their respective dwellings. The nine-bedroom estate, which is nestled in the Trump security zone … Read more

$185 Million Potential Teardown in Palm Beach Hits the Market for the First Time: ‘Once-in-a-Generation Opportunity’

$185 Million Potential Teardown in Palm Beach Hits the Market for the First Time: ‘Once-in-a-Generation Opportunity’

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