Palm Beach House on the Market for $28.5 Million

By Paul Ausick Updated Jan 13, 3:43AM EST · Published Sep 11, 8:59AM EDT

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Palm Beach House on the Market for $28.5 Million — © Thinkstock

In the 1942 screwball comedy “The Palm Beach Story,” Claudette Colbert intends to divorce husband Joel McCrea so she can marry a millionaire and use the rich man’s money to finance McRea’s latest big invention. Palm Beach was the place to look for someone with deep pockets in 1942, and, apparently, it has remained so.

If Claudette Colbert was on the prowl today, she could get a good start by keeping an eye on a $28.5 million, 9,864-square foot Palm Beach mansion. The two-story plantation-style estate has approximately 150 feet of water frontage, deep water dock, 5 bedrooms, 7 full baths, 3 half baths, a gym, and a 4-car garage.

The house was built in 2005 and at the asking price is selling for $1,825 per square foot. All of those square feet are covered either in hardwood or marble.

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Too spendy? Less than a mile away is another Palm Beach estate listed for $27 million. This one features 165-feet of waterfront footage, high ceilings, deep overhangs, large porches, and numerous windows taking in spectacular Intracoastal Waterway and sunset views. The property also has 6 bedrooms, 7 full bathrooms, and 4 half-baths.

If New York City is more to your liking, a 5,000-square foot co-op apartment currently owned by entertainment mogul David Geffen (think Dreamworks SKG and Asylum Records). The six-room Fifth Avenue apartment has two bedrooms and a professionally designed sound proofed screening room with a state-of-the-art projectionist booth. And yes, there is a garage for you car. All this for $27.5 million.

Finally, one last Florida home, this one in Miami Beach. The two-story, 9,900-square foot modern-style mansion is available for a list price of $19.5 million. The house has 8 bedrooms, 9 full bathrooms, and 3 half-bathrooms. According to the listing at realtor.com, “THE ESTATE has more than 9,000 sqft interior with soaring ceilings, tons of glass, the finest finishes and a rooftop entertainment deck to see all of South Beach and beyond. 2 swimming pools, 2 reflecting ponds, amazing garage, ONLY Boat Dock in the area with space for a 100+ft Yacht, covered bbq area and guest cottage.”

Photos and full details of these properties are available at realtor.com.

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About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.