The Real Deal Miami

Palm Beach builder sells final spec home for $4M

Developer sold another unit for similar price in December
226 Jamaica Lane

226 Jamaica Lane

West Palm Beach developer Malasky Homes sold the last of its two spec houses on Palm Beach’s North End.

A trust in the name of Carl Hj. Asplundh Jr. paid $4 million for a four-bedroom house at 226 Jamaica Lane, according the Palm Beach Daily News. The 4,916-square-foot home was developed without a buyer lined up.

Mary Boykin of Sotheby’s International Realty had the listing. Boykin’s Sotheby’s colleague Kim Raich represented the buyer. [PBDN]Christopher Cameron