Lake Worth
REAL ESTATE
A $39 Million Oceanfront Mansion Just Set a Sales Record For This South Florida Community
An oceanfront estate in South Florida has been sold in a record-breaking deal. 'Spy Kids' Filmmaker Asks $8.9 Million for a Snazzy Waterfront Home in Texas The fixer-upper mansion at 3223 North Ocean Boulevard in Palm Beach County’s affluent Gulf Stream enclave has been scooped up for a whopping $39 million, setting a record for the most expensive home ever sold in the slightly under-the-radar community. The two-acre compound was formerly owned by Debra Levitetz, the ex-wife of Jeffrey Levitetz, the founder of the Boca Raton-based Purity Wholesale Grocers, The Real Deal reported. The previous record was set in March 2022 with...
Rebuilt Palm Beach house involved in water-damage lawsuit sells for $51.6M, MLS shows
A mansion completely rebuilt by Jeanne S. Siegel and her late husband, investor and businessman Herbert J. Siegel, has sold on Palm Beach’s lakefront for a recorded $51.632 million, the price reported July 2 in the multiple listing service. The condition of the Estate Section house at 200 Via...
An $11.7 million house sale in Palm Beach has Boston links on both sides of the deal
The just-closed sale of a house on the near North End of Palm Beach has links to Boston through the buyers and the sellers. Commercial real estate investor Eric D. Schlager and his wife, Beth, sold — for a recorded $11.7 million — the 1970s-era house they remodeled and owned through a trust at 170 Everglade Ave. Eric Schlager is CEO of Bulfinch, his family’s commercial real estate business in Boston. Beth Schlager has a background in banking...
Ritz-Carlton Residences in Palm Beach Gardens Project Brings Spotlight to City
Developer Daniel Catalfumo has worked on many projects since founding his company in 1978, but he found one of the most enticing opportunities practically next door to his house. He has lived for 21 years in the Harbor Isles community in Palm Beach Isles, tucked just off the Intracoastal Waterway, and is now developing the Ritz-Carlton Residences Palm Beach Gardens with longtime associate Joey Eichner.
Real estate firms to break ground on 4 medical office buildings in Florida
Two Florida-based real estate developers are planning to break ground on three Florida medical office buildings in the fall, according to a June 28 report from the South Florida Business Journal. A fourth building by a separate developer is also coming to Pembroke Pines, Fla. The other buildings will be...
Starwood Spins Off W. Palm Beach Apartments for $107.5M
Starwood Capital Group sold the Turtle Cove apartments just outside West Palm Beach to Brookfield Properties for $107.5 million. Starwood sold the 444 apartments at 825 Cotton Bay Drive East for $242,072 per unit. The apartment community last traded for $61.5 million in 2016. The sale was part of a...
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