Oil mogul finds buyer for West Palm Beach lots asking $16M
An oil mogul is in contract to sell an assemblage of lots on West Palm Beach’s South Flagler Drive after listing them for $16 million. It’s one of the 18 contracts buyers signed between Dec. 29 and Jan. 4 for luxury properties in Palm Beach County, according to Douglas Elliman’s Eklund-Gomes team. The homes that went pending last week total $115.6 million in asking dollar volume and averaged 55 days on the market. The report tracks signed contracts for single-family homes and condos asking $3 million or more in the Beaches MLS. It identified 44 new listings, and 1,207 active […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Now’s the time: Market forces and AI align to make property management an appealing option for brokers
The AI edge for builders: Why institutional knowledge is becoming the industry’s most valuable asset
AI is changing mortgage lending. Business intelligence is making it possible.
The other half of the lake: Why lifecycle lending is becoming mortgages’ next growth strategy
Will New Orleans’ Quirky ‘Castle’ Ever Find a King? ‘One-of-a-Kind’ Property Takes $100K Price Cut After 3 Years on the Market
A Major Housing Fix Is Waiting for Trump’s Signature—Leaving Today’s Buyers and Sellers With a Costly Question
Pulitzer-Winning Composer Charles Ives’ 1913 Arts and Crafts Home Where He ‘Created His Signature Works’ Hits the Market in Connecticut
Related Group’s Hollywood Live Local project draws suit from residents, nonprofit
Illegal Immigration Under Biden Drove Home Prices 6.6% Higher, New Study Finds
AvalonBay buys city block in South Miami as investors get in position for multifamily bounceback
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131