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.