Trust pays $36M for Palm Beach spec mansion
Luxury homebuilder assembled beachfront lots in 2013 for $12M
September 23, 2016 04:30PM
By
Katherine Kallergis
Luxury homebuilder Mark Timothy Inc. sold a beachfront Palm Beach home for $36 million to a trust.
Records show 6 Ocean Lane LLC sold the spec mansion after listing it in January for $42 million. City National Bank of Florida, acting as trustee, purchased the property.
The six… (View original article)