Seller tied to investor Randall Smith sells Palm Beach mansion for $93M
A company tied to Randall Smith of the multibillion-dollar “vulture” investment firm Alden Global Capital sold a new mansion in Palm Beach for $93.3 million. Property records show 757 Island Dr LLC sold the eight-bedroom house, which was approved by the town’s architectural commission in 2022, the Palm Beach Daily News reported. The 13,000-square-foot home includes about 1,400 square feet of covered outdoor living space. The 1-acre property at 757 Island Drive is on Everglades Island, which is surrounded by the Intracoastal Waterway. It marks the second priciest home sale for a Palm Beach home on the lake, without ocean […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Boston Children’s Hospital inks deal to open West Palm Beach clinic
California philanthropists pick up Hillsboro Beach mansion for $37M
Weed scheme allegedly paid for $3M in South Florida real estate
Local elections: City land deals, development rules on the ballot in Broward County
Bomar’s proposed Fort Lauderdale megamansion hits market for $100M
Charles Cohen scores $385M for delayed West Palm office project, as South Florida construction loans flow
Luxury hotel group Raffles to brand Mast Capital, BH’s Coconut Grove condo
Developer proposes mixed-use project on one of Jupiter’s last undeveloped waterfront sites
Real Estate Q&A: Can Leased Solar Panels Derail a Home Sale?
AI Can Speed Up Work But Still Needs Your Review
