Top 5: Priciest home sales in Palm Beach County in 2015

Five Palm Beach County mansions fetched more than $29 million in 2015. With the caveat that there are three days left in the year, here are the five priciest home sales of the year:

1300 S. Ocean Blvd., Palm Beach, $71.2 million

Hedge fund manager Paul Tudor Jones II in March bought the Casa Apava estate.

800 S. Ocean Blvd., Manalapan, $33 million

The estate at 800 S. Ocean Blvd., Manalapan
The estate at 800 S. Ocean Blvd., Manalapan

This oceanfront estate includes two pools and a tennis court. It sold in September, a new record for a Manalapan mansion.

390 N. Lake Way, Palm Beach, $31.4 million

 

A Bain Capital exec appears to be the buyer of this mansion, the Shiny Sheet reports. It sold in December.

1095 N. Ocean, Palm Beach, May $31 million

John K. and Marianne Castle have sold 1095 N. Ocean Blvd, the former Kennedy family compound in Palm Beach. The Castles owned the oceanfront estate for 20 years. Photo by Jacek Gancarz
John K. and Marianne Castle have sold 1095 N. Ocean Blvd, the former Kennedy family compound in Palm Beach. The Castles owned the oceanfront estate for 20 years. Photo by Jacek Gancarz

The former Kennedy compound on the north end of the island sold in May.

200 Via Palma Palm Beach March $29.85 million

200_via_palma_high_res

A television magnate bought the house in May.

Top 5 tax bills in Palm Beach: More than you’ll make in a lifetime

How different is life on the tony side of the Intracoastal Waterway? Here’s one indication: The heftiest residential property tax bill in Palm Beach is $2.23 million, according to a report by the Palm Beach Daily News.

Here’s another way to look at that gaudy total: The average wage in Palm Beach County is $991 a week, or $51,532 a year, according to the federal Bureau of Labor Statistics. At that rate, Joe Average would have to work 43 years and three months just to pay the property taxes (not to mention insurance, utilities and maintenance).

Top 5: Priciest mansions for sale in Palm Beach

Take heart, though. To pay the island’s fourth- and fifth-largest tax bills, you’d need toil for only 21 years. The five heftiest tax bills on the island, according to the Shiny Sheet:

5. 700 N. Lake Way

* Tax: $1.068 million

* Total Market Value: $65.1 million

* Owner: Businessman and investor Henry Kravis owns the property via a limited liability company.

4. 1500 S. Ocean Blvd.

* Tax: $1.069 million

* Total Market Value: $59.64 million

* Owner: Netscape founder James H. Clark owns the property via a revocable living trust.

3. 515 N. County Road

* Tax: $1.43 million

* Total Market Value: $81.8 million

* Owner: Russian billionaire Dmitry Rybolovlev owns the property via a limited liability company.

2. 548 N. County Road (includes 542 N. County Road and a non-addressed property)

* Tax: $1.88 million

* Total Market Value: $106.8 million

* Owner: Entrepreneur and investor Nelson Peltz and wife Claudia.

1. 20-70 Blossom Way

* Tax: $2.23 million

* Total Market Value: $134.47 million

* Owner: Hedge-funder Kenneth C. Griffin owns the properties via three limited liability companies.

 

 

See the five most expensive homes in Palm Beach County

The mansion at 1071 N. Ocean Blvd. in Palm Beach. Courtesy Smith and Moore Architects.
The mansion at 1071 N. Ocean Blvd. in Palm Beach. Courtesy Smith and Moore Architects.

Not much surprise here: Mansions on the island of Palm Beach sweep the top 10 spots on the list of priciest properties in Palm Beach County.

Here are the top five, in reverse order (and with the caveat that these are just list prices, which might not reflect the eventual sale price):

$42.9 million: The 11,735-square-foot mansion at 640 S. Ocean Blvd. in Palm Beach was designed by Addison Mizner in 1923. Listing agent: Cris Condon of Sotheby’s International Realty.

$47 million: The 10,500-square-foot mansion is at 100 Casa Bendita in Palm Beach. Listing agent: Paulette Koch of Corcoran Group.

$59 million: The 18,000-square-foot mansion at 89 Middle Road, a few blocks south of Worth Avenue. Listing agent: Carole Hogan of Brown Harris Stevens.

$67.5 million: This 22,000-square-foot mansion is at 1485 S. Ocean Blvd. Listing agent: Christian Angle.

$84.5 million: The newly built north-end mansion at 1071 N. Ocean Blvd. (pictured above) spans nearly 33,000 square feet and boasts an eight-car garage. Listing agent: Christian Angle.

If Palm Beach is too rich for you, check out our list of Palm Beach County’s priciest homes west of I-95.