A Palm Beach home that last traded for $7.37 million has sold for $50 million. Set on nearly an acre, the property has a deep water dock and deeded beach access.
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https://www.wsj.com/articles/palm-beach-home-that-last-sold-for-7-37-million-fetches-50-million-1af35628Despite the ‘feeding frenzy’ coming to an end, the transaction marks another big deal for the ultraluxury market
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