Tequesta
Real Estate
Palm Beach house bought in 2022 while under construction sells finished for $12.4 million
A house on Everglade Avenue that sold in early 2022 while under construction has changed hands again, this time for a recorded $12.4 million in Palm Beach. The sellers of the North End home at 218 Everglade Ave. were health-insurance executive Rob Valerious and his attorney wife, Randi, whose primary residence is a house across town, property-tax records show. ...
Private island sells in Palm Beach for — gulp — $150 million
Welcome to The Dirt. I’m Darrell Hofheinz, the real estate writer at the Palm Beach Daily News and a contributor to the Palm Beach Post. Kim Miller, the Post’s monarch of real estate snark, is away this week so I’m filling in, trying my best to try to dish the, well, dirt about Palm Beach County real estate. Be forewarned: I’m not nearly as sharp or hip as the inimitable Kim, but here goes nothin’. ...
New lakefront house is rising in Palm Beach, and so is the price of the property, to $43M
Palm Beach real estate saw more than few price reductions over the past few months, as sellers tried to adapt to changing market conditions. But not every price “adjustment” — that’s the term the pros like to use — heads south, as demonstrated by a recent and notable price increase for an in-the-works house on a lakefront lot at 1265 N. Lake Way. ...
$85 million and up: The top 16 priciest residential deals in Palm Beach; Trump tied to 2
In Palm Beach, multimillion-dollar real estate is always a big deal. But some deals are bigger than others. Take, for instance, the sale — recorded at $150 million — for private Tarpon Island and its mansion in May 2024. As eye-popping as Tarpon Island’s sale price was, it still wasn’t the most expensive property ever...
Did Australian mogul pay $150M for Palm Beach private isle? Wall Street Journal says so
Australian investments tycoon Michael Dorrell is the buyer behind the sale — recorded at $150 million — of Tarpon Island and its renovated-and-expanded mansion in Palm Beach, the Wall Street Journal has reported, citing “people familiar with the situation.” The Palm Beach Daily News has not independently confirmed that Dorrell controls the limited liability company that bought the town’s only private island in the sale that closed May 17. ...
Palm Beach house that sold for $5.6M in late 2020 fetches $12.5M after extensive remodel
Last sold for about $5.6 million in late 2020, a since-renovated house has changed hands for $12.5 million on the North End of Palm Beach, according to the prices recorded with the deeds for the transactions. The buyer in the 2020 sale extensively remodeled the 1961 house, according to Douglas Elliman Real Estate agent Gary Pohrer, who handled the seller’s side of the sale recorded May 22. He declined further comment about the off-market deal. ...
West Palm Beach skyline to get another luxury condo as builders vie for Wall Street execs
Welcome to The Dirt! I’m real estate reporter Kimberly Miller with the latest developments in the sizzling market. I was out last week at the Governor's Hurricane Conference and as the storm season picks up you may see less of me depending on what Mother Nature and La Niña have in store. But, for now, let's catch up...
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