Latest / Real Estate News Today | 2 Min News | The Daily News Now!
Waterfront Estate Sells for $27.5M | Real Estate News
A stunning waterfront estate in North Palm Beach just sold for $27.5 million — a jaw-dropping $4,000 per square foot — marking a major splash in South Florida’s luxury real estate scene. Once owned by philanthropist Dana Hamel, who bought it in 1991 for $2.5 million, the property was quietly listed at $35 million before this record-breaking deal. The buyer? An anonymous entity called 11800 Turtle Beach Rd LLC, keeping their identity under wraps. Hamel, founder of Penn Corporation and a generous donor to the University of New Hampshire, leaves behind a legacy as much as a legacy as a landmark…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.