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Flipping a Mansion in Posh Palm Beach? A $17M Price Hike Explained

November 7th, 2016 1:51 PM by Teresa Molina

In April 2015, an otherwise unremarkable Palm Beach mansion sold for $15.5 million after lingering on the market for a year.

Over the past year and a half, that mansion underwent a nearly complete transformation. It’s back on the market for $32.5 million. The asking price, which is an increase of $17 million, earned it the distinction of this week’s most expensive new listing on realtor.com®.

http://www.realtor.com/news/unique-homes/palm-beach-flip-most-expensive-new-listing/

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Posted by Teresa Molina on November 7th, 2016 1:51 PM

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