Resi roundup: $36M Palm Beach home trades, former Nicklaus CEO buys Brickell condo
An oceanfront Palm Beach home traded hands for $36 million, marking the latest off-market sale of a luxury estate in South Florida. A trust managed by attorney John J. Raymond Jr. sold the 5,100-square-foot, four-bedroom, four-and-half-bathroom house at 1632 South Ocean Boulevard, property records show. Xiao Liu and Dapeng Zhu, a married couple, purchased the home. The house was built in 1955 on a 0.7-acre lot and previously sold in 2020 for $14 million. That means the seller made more than double its investment in six years. The house will likely be torn down. Last month, a former Red Bull […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Jupiter mansion sells for $35M as buyer levels up in Admirals Cove
Lennar’s land bank spinoff Millrose bought 1,200 single-family rentals
Cash4Keys principals, United Realty agent accused of stealing elderly man’s house, dumping him in Miami Gardens
Southwest Ranches estate once owned by Mexican pop icon Juan Gabriel hits market for $39M
Miami-Dade’s affordable housing gap grows to 118K units, even as low-income earners flee
Palm Beach’s “Ham and Cheese House” finds buyer at $105M
Estates at Acqualina penthouse with private pool lands $40M contract
“They’re getting hammered”: Fisher Island Club fee dispute escalates into $5M class action after community association sues members
Florida home permits fall 21% in September
Treasury proposes rules for large home investors
