Palm Beach lot sells for $5 million

A lot on Palm Beach’s Everglades Island has been sold for $5 million, according to a deed filed in the Palm Beach County Clerk’s office, the Palm Beach Daily News reported. The property had been listed by a Delaware company with Sotheby’s International Realty’s Mary Boykin. That company is affiliated with James Mattei, the co-founder of the Checkers fast-food company, who purchased the Everglades Island lot in 2009 for $6 million, tearing down a house on the property from the 1950s. [Palm Beach Daily News]