The $11.5 million sale of a mansion has set a new record for the sale of a single-family home in West Palm Beach.
The 9,364-square-foot residence, located at 2914 Washington Road, easily shattered the record set only last year, more than doubling the $5.02 million sale of 5615 South Flagler Drive.
The newly built mansion has seven fireplaces, six bedrooms, an elevator, a library, wine vault, and two-story living room. The developer, Aquantis Group, completed construction of the house in September 2018.
The buyer was Barbara Seymon-Hirsch, trustee of the Edgewater Trust. The listing agents were Ashley McIntosh and Burt Minkoff of Douglas Elliman.
According to Zillow, the median home value in West Palm Beach is $237,600. West Palm Beach home values have gone up 5.7% over the past year.
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