In a groundbreaking transaction, the sale of Tarpon Island for a sky-high $152 million has set a new record for lakefront properties in Palm Beach, Florida.
This deal, involving the town’s only private island and its recently renovated mega-mansion, was officially recorded on Friday under the address 10 Tarpon Isle.
This sale marks the highest price ever paid in Palm Beach for a property on the Intracoastal Waterway without additional ocean frontage. Although the buyer’s identity remains undisclosed, local sources told the Palm Beach Daily News, which broke news of the transaction, that the new owner has already taken up residence in the sprawling estate.
The pool opens out to water views.Daniel Petroni
The sun room. Daniel Petroni
This deal stands out as the most expensive residential sale in Florida — and possibly the entire United States — so far in 2024, the outlet notes.
Source: https://nypost.com/2024/05/20/real-estate/palm-beachs-only-private-island-sells-for-a-record-152m/