Kevin James trades Delray mega-manse for $26M

Miami /
Jul.July 28, 2016 11:15 AM

The king has traded his castle for a stack of cash.

Actor Kevin James, best known for his lead role in the popular sitcom “King of Queens,” just sold his sprawling oceanfront mansion in Delray Beach for $26.38 million.

Located at 502 North Ocean Boulevard, James’ home is an elaborate Mediterranean-style estate with eight bedrooms, 10 bathrooms and 26,000 square feet of living space.

Besides the prime 2.8 acres of beachfront land it occupies, the home also boasts plush finishes like antique European oak and Alhambra tile, as well as touches of limestone and coral.

That’s not even taking into consideration the home’s other luxuries: a garage with room for 10 cars, several manicured gardens, walking paths, seven fireplaces and covered loggias spread throughout.

Aerial view502 North Ocean Boulevard502 North Ocean Boulevard502 North Ocean BoulevardPoolPlaygroundAerial view of the pool502 North Ocean Boulevard502 North Ocean BoulevardKitchenKitchenPantryBedroom

Listing agent Jack Elkins of the Fite Group called it one of the “largest remaining estates in Delray Beach” and said in his marketing materials that the home mixes “Old World elements with contemporary luxuries.”

According to county records, the buyer is a Florida limited liability company named after the property’s address. The true buyer is currently unknown.

No financing was recorded with the deal, so it was likely paid for in cash. The deal breaks down to about $1,014 per square foot.

James, who originally bought the home for $18.5 million in 2012 through an entity called the Opierussell Trust, first put his mansion on the market in February with an ask of $28.85 million. After only five months and a $2.47 million price cut, James walked away from the property with a profit of roughly $7.8 million.


Related Articles

arrow_forward_ios
Jarrett Posner, Pablo Escobar with 5860 North Bay Road (The Waterfront Team)

Pablo Escobar’s former Miami Beach property sells for $11M

Pablo Escobar’s former Miami Beach property sells for $11M
Pharrell Williams and David Lerner with a photo of 2545 Northwest Third Avenue and a rendering of the Billionaire Boys Club exterior (Getty, Google Maps, Lerner Family Properties)

Pharrell’s Billionaire Boys Club to open store in Wynwood

Pharrell’s Billionaire Boys Club to open store in Wynwood
David Grutman and Alejandro Sanz with a rendering of 2050 North Bay Road (Getty, CMA Design Studio)

David Grutman closes on Alejandro Sanz’s Miami Beach home, plans new mansion

David Grutman closes on Alejandro Sanz’s Miami Beach home, plans new mansion
Marc Anthony and 300 Costanera Road (Getty, Mint Studios Miami)

Marc Anthony lists waterfront Coral Gables mansion for $27M

Marc Anthony lists waterfront Coral Gables mansion for $27M
667 Ocean Boulevard, Sammy Sosa (Credit: Jason Koerner/Getty Images, and Levy PR)

Sammy Sosa’s former Golden Beach home hits the market for $20M

Sammy Sosa’s former Golden Beach home hits the market for $20M
Yoko Ono and John Lennon with 720 South Ocean Boulevard (Getty Images; Zillow)

John Lennon and Yoko Ono’s former Palm Beach estate sells for $36M

John Lennon and Yoko Ono’s former Palm Beach estate sells for $36M
Yonder Alonso and 7263 Southwest 53rd Court (Getty)

Baseball player Yonder Alonso sells Coral Gables home

Baseball player Yonder Alonso sells Coral Gables home
Phil Collins, Orianne Collins, and 5800 North Bay Road (Credit: Tim Chapman/Getty Images, and John Parra/Getty Images)

Phil Collins wants to sell his Miami Beach mansion for $40M, but his ex-wife won’t leave

Phil Collins wants to sell his Miami Beach mansion for $40M, but his ex-wife won’t leave
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...