Real Estate

A $30 million Florida mansion sets a new sales record twice this year

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3715 S. Ocean Blvd in Highland Beach is a three level storm-proof fortress elevated on pilings and constructed of poured concrete and storm-proof glass.

Daniel Petroni

A waterfront megahome in Highland Beach has sold twice this year, and each time it has raised the bar for for this South Florida town, which has become one of the hottest real estate markets in the state.

Located in the eastern part of Palm Beach County, Highland Beach is just over 1 square mile. While real estate prices are quickly rising in the small town, buyers may see an opportunity as the price per square foot is less than what homeowners are paying in nearby Palm Beach and Miami Beach.

The 11,000-square-foot home at…



Source cnbc.com

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