Palm Beach house listed for $25 million is under contract

Miami /
Dec.December 09, 2017 01:00 PM

1045 South Ocean Boulevard in Palm Beach

A potential buyer has a contract to purchase a contemporary-style house in Palm Beach listed for sale about a month ago for $25 million.

The four-bedroom house at 1045 South Ocean Boulevard, near President Trump’s Mar-a-Lago resort, previously had been listed with an asking price of $27.5 million. The house is nearly 10,000 square feet in size.

Built in 1970, the Palm Beach house got a thorough renovation from the late Dan Borislow, who developed magicJack, a voice-over-Internet-protocol device for telephone service.

His widow, Michelle Borislow, listed the house for sale at the start of November. Traci DeGeorge, an agent of Waterfront Properties and Club Communities, has the listing.

DeGeorge told the Palm Beach Daily News that the house drew multiple offers and was under contract 24 days after it was listed for sale.

The property spans nearly an acre, features 226 feet of frontage on the beach, and includes a vacant lot on the north side of the house.  [Palm Beach Daily News] — Mike Seemuth


Related Articles

arrow_forward_ios
Shahla and Hushang Ansary with Sun and Surf One Hundred building in Palm Beach (Getty, Google Maps)

Billionaire’s wife pays $14M for Palm Beach penthouse and cabana

Billionaire’s wife pays $14M for Palm Beach penthouse and cabana
Widow of late San Francisco Giants owner buys Palm Beach home

Widow of late San Francisco Giants owner buys Palm Beach home

Widow of late San Francisco Giants owner buys Palm Beach home
8 Windsor Court and Jonathan Sack (Google Maps)

Attorney buys Palm Beach mansion for $13M

Attorney buys Palm Beach mansion for $13M
Lawrence Kaplan and Bart Halpern with 2299 Ibis Isle Road East, Palm Beach (Getty, Corcoran) 

Textile designer pays $7M for waterfront Palm Beach home

Textile designer pays $7M for waterfront Palm Beach home
Scott and Kimberly Goodwin and 232 Bahama Lane, Palm Beach (Patrick McMullan/Getty, Corcoran)

Hedge funder buys Palm Beach spec home for nearly $6M

Hedge funder buys Palm Beach spec home for nearly $6M
249 Seabreeze Ave, Palm Beach

Driving away: Taxi magnate sells Palm Beach home for $6M

Driving away: Taxi magnate sells Palm Beach home for $6M
South Florida’s residential markets bounced back in the third quarter

South Florida’s residential sales rise in Q3, led by surge in Palm Beach County

South Florida’s residential sales rise in Q3, led by surge in Palm Beach County
Caryn Zucker and 167 Seabreeze Ave (Credit: Google Maps)

This just in: CNN chief’s ex-wife pays $8M for Palm Beach home

This just in: CNN chief’s ex-wife pays $8M for Palm Beach home
arrow_forward_ios

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

Loading...