The Real Deal Miami

Former Palm Beach mayor’s home is today’s priciest new listing

February 29, 2012 05:15PM

270 Algoma Road

Today’s most expensive new listing in South Florida is a single-family home at 270 Algoma Road in Palm Beach that’s listed for $8.9 million, according to Condo Vultures. The 6,618-square-foot home has eight bedrooms and six bathrooms and sits on a waterfront lot with 166 feet of water frontage. The home belongs to former Palm Beach Mayor Paul Ilyinski, town documents show, and is listed by Liza Pulitzer of Brown Harris Stevens Palm Beach. (Condo Vultures data includes condos and single-family listings in the main metropolitan areas of Miami, Fort Lauderdale, and West Palm Beach, as well as Monroe County that are newly listed. Listings are taken from the South Florida MLS.) — Adam Fusfeld