This highly profitable flip shows how hot the housing market is in Palm Beach. An influx of wealthy people looking to move into the town has eaten up most of the inventory, forcing buyers to pay higher prices to secure homes. It last traded for $7 million in December. Source: South Florida Business Journal

MIAMI REALTORS®
Did You Know?

Palm Beach mansion sold for $11 million, a 57% gain just four months after its last sale.

by Liset Hanes

This highly profitable flip shows how hot the housing market is in Palm Beach. An influx of wealthy people looking to move into the town has eaten up most of the inventory, forcing buyers to pay higher prices to secure homes. It last traded for $7 million in December.

Source: South Florida Business Journal

Related posts

Broward County Continues its Trend of Rising Mid-Market Condo Sales; Total Active Listings Increase for Third Consecutive Month

Chris Umpierre

The 20 biggest luxury city sales of 2021 (so far) via @inman #Miami Remember an Inman subscription is a free MIAMI Members service

Liset Hanes

MIAMI Realtors Enhance South Florida’s Global Exposure at MIPIM in Cannes

Chris Umpierre

You are now leaving Miami Realtors

The link you have selected is located on another server. The linked site contains Information that has been created, published, maintained or otherwise posted by institutions or organizations independent of this organization. We do not endorse, approve, certify, or control any linked websites, their sponsors, or any of their policies, activities, products or services. We do not assume responsibility for the accuracy, completeness, or timeliness of the information contained therein.

You will be redirected to

Click the link above to continue or CANCEL