A sprawling Florida mansion right down the street from Mar-a-Lago just sold for more than $110 million, and it broke a real-estate record Trump set back in 2008
A sprawling Florida mansion just sold to an unidentified buyer for more than $110 million, making it the most expensive single-family home ever sold in Palm Beach, the Palm Beach Daily News reported.
The transaction broke the record set by President Donald Trump back in 2008 when he sold his Palm Beach home to a Russian billionaire for $95 million.
The Italian Renaissance-style estate is right down the street from Trump's Mar-a-Lago club and billionaire Ken Griffin's estate.
The $110 million home, which belonged to late Broadway producer Terry Allen Kramer, includes 210 feet of private beach, a pool and cabana, a luxury fitness center, fruit orchards, canopies of Banyan trees, lush landscaped gardens, and a private boat dock.
A sprawling Florida mansion just sold for more than $110 million, breaking a real-estate record set by President Trump back in 2008, the Palm Beach Daily News reported.
The Italian Renaissance-style estate, which belonged to late Broadway producer Terry Allen Kramer, is the most expensive single-family home ever sold in Palm Beach. The previous record was the sale of Trump's home for $95 million to a Russian billionaire in 2008.
Kramer's former property, which was listed in October 2018 for $135 million, includes 210 feet of private beach, fruit orchards, canopies of Banyan trees, a luxury fitness center, pool and cabana, lush gardens, and a private boat dock.
The mansion is located at 1295 S. Ocean Blvd. in the Billionaires Row area of Palm Beach, Florida, on South Ocean Boulevard, only half a mile from Donald Trump's Mar-a-Lago resort. It's also a neighbor of billionaire Ken Griffin, who spent $250 million assembling an estate on the same boulevard, as Business Insider's Lina Batarags previously reported.
The listing agents were Gary Pohrer, Ashley McIntosh, Cara Coniglio McClure, Lisa Wilkinson, and Adam McPherson of Douglas Elliman.
Here's a look at the expansive property.
