Rush Limbaugh’s Palm Beach Estate was sold for $155,000,000
Rush Limbaugh’s longtime Palm Beach, Florida estate was sold for $155 Million. The seller was a trust tied to his widow, Kathryn Adams Limbaugh. Records show Kathryn Adams Limbaugh sold the homes at 1495 North Ocean Boulevard, 1501 North Ocean Boulevard, and 108 Mediterranean Road to a Delaware entity named for the address, 1495 N Ocean Blvd LLC. William Lauder, Billionaire Estee Lauder heir, has now been revealed as the buyer of the property. The property has approximately 250′ of Oceanfront. Click here to read the full article.
In related news, William Lauder listed a Palm Beach Oceanfront property for sale this month, priced at $200,000,000.
Record breaking sales are continuing to occur in Palm Beach’s luxury Real Estate market. The average price for a Single Family Home in the Town of Palm Beach is currently $12,000,000. The most expensive Single Family property in Palm Beach currently is 10 Tarpon Isle, which is listed for $218,000,000. The most expensive and the largest Condo on Palm Beach Island currently is listed for sale for $24,000,000 and located atop Tiffany & Co. on Worth Avenue. I had the pleasure of visiting the Condo a few weeks ago and it’s truly a spectacular space.
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