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An estate just south of Palm Beach has sold for $173 million, setting a record for the most expensive residential property to ever change hands in Florida.
A company controlled by software billionaire Larry Ellison of Oracle has purchased the ocean-to-lake estate at 2000 S. Ocean Blvd. in Manalapan from a trust linked to Netscape co-founder Jim Clark, according to the deed filed Wednesday.
Manalapan has seen an above-average number of sales, topping $20 million since the coronavirus pandemic ripped through South Florida’s real estate market. As the supply of waterfront properties in Palm Beach has dwindled, buyers have increasingly looked south to Manalapan and its ocean-lake properties, driving up values there.
Recent sales include $40 million for vacant land; an $89.93 million sale that was the second highest in Manalapan; and a listed mansion with a construction price of $79.5 million.
Clark, a billionaire, purchased the estate at 2000 S. Ocean Blvd. and part of nearby Bird Island in February 2021 for a combined price recorded at $94.37 million from the Ziff family, although sources close to the deal said more than $100 million was in fact changed hands in that deal, the Daily News reported.
Based on previous sales announcements, here are 10 things to know about the most expensive residential property ever sold in the Sunshine State.
The domain is on top of a dune, offering a 360 degree view. The residence and guest accommodations feature loggias, terraces, balconies, and open-air patio doors to capture views of the Atlantic Ocean, Lake Worth Lagoon, and surrounding areas, and accommodate a indoor-outdoor lifestyle.
What is the domain name?
The estate’s name, Gemini, is derived from the configuration of the main house on both sides of South Ocean Boulevard.
This home has beach and ocean access
The 15.65-acre ocean-to-lake estate is divided by South Ocean Boulevard and boasts 1,200 feet of beach along the Atlantic and 1,300 feet of frontage on the Lake Worth lagoon. A slice of island immediately west of the estate in the Intracoastal Waterway, brings the total area to 22.44 acres,
How many bedrooms and bathrooms does this estate have?
The property’s multiple buildings offer nearly 85,000 square feet of indoor and outdoor living space with 33 bedrooms, 34 bathrooms, and 13 powder rooms.
How is the main house?
The 12-bedroom main residence has a living area of 62,200 square feet, including a basement that measures approximately 17,950 square feet. The interior features abundant stonework, rich woodwork, a grand staircase, and extensive wall space that displays the Ziff family’s remarkable art collection. The ceilings have coffers, exposed beams and lots of cypress details. The layout includes formal and informal living and dining spaces, a media room, libraries, offices, a wine cellar and two elevators.
Is there a guest house?
Other living areas are two four-bedroom beachfront cottages; a seven-bedroom guesthouse; and a guest or staff house made up of four studios and apartments.
What other details do we know about the estate?
The two sections of the main house – one facing the lake and the other the ocean – are connected by a series of tunnels under the street. A 15-foot-wide tunnel serves as an art gallery.
The property includes extensive botanical gardens that feature nearly 1,500 tropical species, as well as a bird sanctuary and butterfly garden.
Is there a pool?
Recreational facilities include a PGA golf practice area, regulation tennis court, basketball half court, freshwater pond, 18-hole miniature golf course, boat dock boats and a swimming pool.
Who designed the house?
The original house was designed by architect Marion Sims Wyeth and built in the 1940s for the Lambert Pharmaceutical family.
When was the house built and when was it redesigned?
The property’s total makeover, commissioned by the Ziff family and completed in 2002, included rebuilding the residence to a design by famed Palm Beach architect Edson E. Dailey.
This article originally appeared on Palm Beach Daily News: 33 Rooms and 9 Other Things to Know About Florida’s Most Expensive Home Ever Sold
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