An estate just south of Palm Beach has been sold for $173 millionsetting a record for the most expensive residential property ever to change hands in Florida.
A company controlled by Oracle software billionaire Larry Ellison bought the Ocean to Lake estate at 2000 S. Ocean Blvd. in Manalapan of a trust associated with Jim Clark, co-founder of Netscape, according to the deed filed Wednesday.
Manalapan has seen higher-than-average sales of more than $20 million since the coronavirus pandemic upset the South Florida real estate market. With the supply of waterfront estates in Palm Beach dwindling, buyers have increasingly looked south to Manalapan and its properties from ocean to lake, raising the value there.
Clark, a billionaire, bought the estate at 2000 S. Ocean Blvd. and a portion of nearby Bird Island in February 2021 for a combined price of $94.37 million from the Ziff family, although sources familiar with the transaction said more than $100 million actually changed hands in that deal, so reports the Daily News.
Based on past sales listings, here are 10 things to know about the most expensive homes ever sold in the Sunshine State.
The estate is located on top of a dune and offers 360 degree views. The residence and guest houses have loggias, terraces, balconies and open-air patio doors overlooking the Atlantic Ocean, the Lake Worth lagoon and surrounding areas, accommodating an indoor and outdoor lifestyle.
What is the name of the estate?
The estate’s name, Gemini, is derived from the configuration of the main building on both sides of South Ocean Boulevard.
This house has beach and ocean access
The 15.65-acre ocean-to-lake estate is divided by South Ocean Boulevard and has 1,200 feet of beach along the Atlantic Ocean and 400 feet of frontage on the Lake Worth Lagoon. A slice of an island immediately west of the estate in the Intracoastal Waterway brings the total acreage to 22.44 acres,
How many bedrooms and bathrooms does this estate have?
The multiple buildings on the property offer nearly 85,000 square feet of living space, indoors and out, with 33 bedrooms, 34 bathrooms, and 13 powder rooms.
What does the main building look like?
The 12-bedroom main residence has 62,200 square feet of living space, including a basement, which measures approximately 17,950 square feet. The interior features abundant stonework, rich woodwork, a grand staircase and expansive wall space that showcased the Ziff family’s remarkable art collection. Ceilings have coffers, exposed beams and copious details of spicy cypress. The layout includes formal and informal living and dining areas, a media room, libraries, offices, a wine cellar and two elevators.
Is there a guest house?
Other living spaces include two four-bedroom beach cottages; a seven-bedroom guest house; and a guest or staff house consisting of four studios and apartments.
What other details do we know about the estate?
The two parts of the main house – one overlooking the lake and the other the ocean – are connected by a series of tunnels under the street. A 15 meter wide tunnel serves as an art gallery.
The property features expansive botanical gardens with nearly 1,500 tropical species – and it has a bird sanctuary and butterfly garden.
Is there a swimming pool?
Recreational amenities include a PGA standard golf practice area, regulated tennis court, half basketball court, freshwater pond, 18-hole miniature golf course, boat dock, and swimming pool.
Who designed the house?
The original home was designed by architect Marion Sims Wyeth and built in the 1940s for the Lambert Pharmaceutical family.
When was the house built and when was it redesigned?
The property’s total transformation, commissioned by the Ziff family and completed in 2002, included the reconstruction of the property to a design by noted Palm Beach architect Edson E. Dailey
This article originally appeared on Palm Beach Daily News: 33 Bedrooms & 9 Other Things to Know About the Most Expensive Home Ever Sold in Florida