A once-vacant oceanfront lot in Palm Beach, FL, that sold for $37 million in 2017 now boasts a brand-new home.
And given the locale, it’s no surprise that the finished product is now Florida’s most expensive home. Listed for a whopping $140 million, the mansion has toppled the long reign of the $115 million Ziff family compound in nearby Manalapan, FL.
Construction recently finished on the residence on N. County Road, and the result is a two-story masterpiece, with clean lines and an abundance of glass.
At just over 21,000 square feet, the price per square foot on the mansion is a hefty $6,646.
For comparison's sake, the median listing price per square foot is currently $835 in the city of Palm Beach.
The home sits on 2.25 acres of land, with 150 feet of direct beachfront on the part of the coastline known as the North End’s Billionaires' Row.
Outside, there are mature trees, plenty of parking for guests, and a four-car garage.
Inside, there are nine bedrooms, 12 full bathrooms, and seven half-bathrooms. All feature high-end finishes, along with contemporary stylings. At least one bathroom has a sauna.
Several of the bedrooms lead right out onto outdoor spaces.
The layout is open, with several well-defined living spaces designed for the utmost in relaxation.
In addition to the eat-in kitchen, there’s a pantry nearby, with plenty of storage.
For dining, the home provides several choices. The waterfall kitchen island has seating for at least five, and there’s another sit-down dining area, as well as a formal dining room.
For entertainment, a buyer can work up a sweat in the exercise room, watch a movie in the media room or outside in the outdoor theater, read a book in the library, or enjoy a drink at one of the many bars.
As for outdoor living, several floor-to-ceiling, impact-resistant glass doors open to create a seamless flow between the indoors and outdoors.
There's also oodles of outdoor space to hear the waves crash on the sand while sitting on a deck, relaxing in the hot tub, or sunning by the pool.
There’s no need to leave the property to go to a spa or salon, given the number of amenities in the home.
According to published reports, before he became president, Donald Trump sold the land along with two other parcels to the Russian billionaire Dmitry Rybolovlev in 2008.
After his purchase, Rybolovlev razed a house of Trump’s on one of the lots in 2016.
Public records show that a Rybolovlev trust sold the land where the Sunshine State’s most expensive house now sits in October 2017, reportedly to a homebuilding company.
The broker Lawrence Moens, of Lawrence A. Moens Associates, holds the listing.