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Palm Beach Mansion Flips for $22.5 Million—$4.5 Million More than It Traded for In June

Underscores the frenzied prime property market conditions within the upscale coastal enclave.
July 21, 2022

Less than eight months after it last changed hands for $18 million, a Mediterranean-style mansion in Palm Beach, Florida, has sold again, this time for $22.5 million.

The home’s quick turnover, as well as its $4.5 million markup, underscores the frenzied prime property market conditions within the upscale coastal enclave.

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