The Real Deal Miami

Palm Beach estate sells for $23.5 million, largest sale in last year

June 04, 2012 11:15AM

The home at 1840 South Ocean Boulevard in Palm Beach owned by Ruby Rinker has been sold for $23.5 million, the Palm Beach Daily News reported. The seven-bedroom home had been purchased in 1999 for $7.45 million. The sale, which marked the largest residential transaction in Palm Beach in the last year, was a private deal. [Palm Beach Daily News]