Articles

  • 6 days ago | yahoo.com | Darrell Hofheinz

    The Palm Beach home of television handyman Bob Vila of "This Old House" fame and his wife, Diana Barrett, just saw a $4 million price reduction to $35.9 million, according to a recent update to the sales listing. Broker Christian Angle of Christian Angle Real Estate holds the listing for the lakefront estate at 690 Island Drive on Everglades Island. The house has been on the market since November 2023, when it was listed by another agency at $52.9 million.

  • 6 days ago | yahoo.com | Darrell Hofheinz

    When the tourist season winds down in Palm Beach, asking prices for properties often come down, too, with sellers seeking to gain some traction with on-the-fence house-hunters before the annual late-spring snowbird migration to the north begins in earnest. And given the uncertainty surrounding the stock market’s turbulence — and the world’s reaction to President Donald Trump’s tariff-linked trade wars — recent price reductions for homes on the island largely have been taken as a matter of course.

  • 6 days ago | palmbeachdailynews.com | Darrell Hofheinz

    Developer Carl Sabatello built the never-lived-in lakefront estate on speculation at 1260 N. Lake Way. Developer Carl Sabatello of Sabatello Cos. says the home's quality, location and rarity justify the price hike. It's rare for asking prices in Palm Beach to be raised at the end of the winter tourist season. The five-bedroom house has architecture with subtle Art Deco-style influences, thanks to the design by Rafael Portuondo of Portuondo Perotti Architects.

  • 1 week ago | palmbeachdailynews.com | Darrell Hofheinz

    Margaret M. McConnell Dean sold her three-story townhouse in a duplex at 450 Brazilian Ave., which she had owned since 2001. The buyer, Kassel Properties LLC, has owned the adjacent townhouse in the duplex since 2013, property records show. The townhouse that just changed hands has four bedrooms and 6,000 square feet of living space, inside and out, in a building on a lot that measures about a fifth of an acre.

  • 1 week ago | yahoo.com | Darrell Hofheinz

    A longtime Palm Beach couple bought a house on the North End in a deal that closed less than a week after they won approval from Town Hall for a mansion designed to replace their lakefront estate in Midtown. Investments manager Gerald “Jerry” R. Jordan Jr. and his wife, Darlene, paid $15.15 million for the renovated house built in 2008 at 259 Merrain Road, according to the deed recorded May 6. The sale closed April 29, the MLS shows. The deed lists the Jordans’ address as their estate at 203 S.

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Darrell Hofheinz
Darrell Hofheinz @PBDN_hofheinz
19 May 24

My story broke the news of the sale, 2024's largest residential deal in Florida and likely in the U.S.!

Palm Beach Daily News
Palm Beach Daily News @ShinySheet

Tarpon Island sells for $152 million, setting new lakefront-sales record in Palm Beach https://t.co/d88PbWeH43

Darrell Hofheinz
Darrell Hofheinz @PBDN_hofheinz
4 Aug 23

Fox News host @BretBaier appears to be upsizing in #PalmBeach. He just paid $37 million for a house near the ocean. My story in @ShinySheet broke the news. https://t.co/7m9w2rbmh8

Darrell Hofheinz
Darrell Hofheinz @PBDN_hofheinz
16 Jun 23

It took five years, but a player who pleaded guilty in the long-simmering Palm House hotel criminal fraud case in Palm Beach has finally been sentenced. Three more guilty pleas have been entered in the case. I broke the story in the Palm Beach Daily News. https://t.co/n1GhF3XIuI