Inside Steve Ross’ buyout of a West Palm Beach waterfront condo

Before Steve Ross set his sights on a 1980s waterfront condo in West Palm Beach, Joey Columbo was picking up units in the building with the foresight that a developer would soon come knocking on doors with a buyout offer.  Columbo, a Palm Beach-based investor and broker, identified Southbridge Condominium, a three-story complex at 3915 South Flagler Drive, as a future teardown redevelopment site along West Palm Beach’s coast. Between 2021 and 2023, he acquired eight units for a combined $1.6 million, records show. During the same period, he joined four other partners to buy 19 more units for a […]This article originally appeared on The Real Deal. Click here to read the full story.