$14 Million Condo Sale Linked to Notable Real Estate Chain in Palm Beach

A luxurious oceanfront condominium at the Kirkland House in Palm Beach has recently changed hands for a staggering $14.06 million. This sale, involving a well-known figure tied to a series of real estate transactions in the area, caught significant attention due to its impressive price tag and its connections to high-profile personalities.

The Kirkland House: Unmatched Luxury

Condo Details

• Price: $14.06 million
• Size: 4,529 square feet (includes 800 square feet of balconies)
• Floor: Second floor of a 1970s-era building
• Design: Custom-designed for art collection and comfort

The Kirkland House, located at 101 Worth Avenue, is renowned for its exclusivity and white-glove service. Known as a "boutique" building, it consists of only 22 units, which rarely become available. This particular condo had undergone extensive renovations, evidenced by its listing that boasted high-quality features tailored for an upscale lifestyle.

Key Features

• Impact-resistant glass walls for spectacular ocean views
• Spacious bedrooms and living areas
• Grand foyer leading to formal dining and dedicated bar room
• Two garage parking spaces included

A Noteworthy Real Estate Chain

The buyer, Paula L. Sidman, has been actively involved in several real estate transactions in Palm Beach. Earlier this year, she sold a townhouse for $14.9 million, which had been purchased by Sean Hannity, the well-known Fox News host. This chain of sales highlights the interconnected nature of high-end real estate transactions in the area.

Related Sales

• Sidman’s Townhouse Sale: 1 Sloan’s Curve Drive, sold for $14.9 million
• Hannity’s Acquisition: 10 Sloan’s Curve Drive, following his purchase of another unit nearby

The Origin of the Sale

The recently sold Kirkland House condo was previously owned by Ronald J. Berk and his wife, jewelry designer Judith Ripka Berk. The couple has shifted their focus, having recently purchased a property at the Leverett House for $7.49 million.

Leverett House Overview

• Sale Price: $7.49 million
• Living Space: 3,700 square feet with ocean views
• Unique Feature: Includes a poolside cabana

Impact on Palm Beach Real Estate Market

The Kirkland House has made a mark with its high-value transactions. The latest sale at $14.06 million is among the highest ever recorded for this specific building.

Notable Previous Sales

• Penthouse A: Sold for $15.7 million in September 2022
• Unit 3A: Sold for $15 million in June 2022

These substantial sales figures underline the growing desirability of these exclusive properties within Palm Beach.

Conclusion

The recent $14 million sale at the Kirkland House exemplifies the luxury living available in Palm Beach, intertwined with notable personalities and significant real estate movements. As the area continues to attract affluent buyers, the dynamics of these transactions provide a fascinating glimpse into the local real estate market.

For more insights into luxury real estate across the nation, explore Luxury Home Magazine and stay informed about the latest trends and notable sales.

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