{"id":1735,"date":"2025-11-11T08:52:32","date_gmt":"2025-11-11T13:52:32","guid":{"rendered":"https:\/\/www.brickellsold.com\/blog\/185-million-potential-teardown-in-palm-beach-hits-the-market-for-the-first-time-once-in-a-generation-opportunity\/"},"modified":"2026-04-13T10:36:54","modified_gmt":"2026-04-13T14:36:54","slug":"185-million-potential-teardown-in-palm-beach-hits-the-market-for-the-first-time-once-in-a-generation-opportunity","status":"publish","type":"post","link":"https:\/\/www.brickellsold.com\/blog\/185-million-potential-teardown-in-palm-beach-hits-the-market-for-the-first-time-once-in-a-generation-opportunity\/","title":{"rendered":"$185 Million Potential Teardown in Palm Beach Hits the Market for the First Time: A Rare Opportunity to Own a Legacy Estate | Brickellsold: Mistakes to Avoid"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.brickellsold.com\/blog\/185-million-potential-teardown-in-palm-beach-hits-the-market-for-the-first-time-once-in-a-generation-opportunity\/#A_Rare_Opportunity_to_Own_a_185_Million_Potential_Teardown_Estate\" >&lt;h2&gt;A Rare Opportunity to Own a $185 Million Potential Teardown Estate&lt;\/h2&gt;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.brickellsold.com\/blog\/185-million-potential-teardown-in-palm-beach-hits-the-market-for-the-first-time-once-in-a-generation-opportunity\/#10_488_S_Beach_Rd_Jupiter_Island_FL\" >10. 488 S Beach Rd, Jupiter Island, FL<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.brickellsold.com\/blog\/185-million-potential-teardown-in-palm-beach-hits-the-market-for-the-first-time-once-in-a-generation-opportunity\/#9_157_W_57th_St_Units_52_53B_New_York_NY\" >9. 157 W 57th St Units 52 &amp; 53B, New York, NY<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.brickellsold.com\/blog\/185-million-potential-teardown-in-palm-beach-hits-the-market-for-the-first-time-once-in-a-generation-opportunity\/#8_200_Dorado_Beach_Dr_3141-3142_Dorado_PR\" >8. 200 Dorado Beach Dr # 3141-3142, Dorado, PR<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.brickellsold.com\/blog\/185-million-potential-teardown-in-palm-beach-hits-the-market-for-the-first-time-once-in-a-generation-opportunity\/#7_70_Vestry_St_Unit_Phs_New_York_NY\" >7. 70 Vestry St Unit Phs, New York, NY<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.brickellsold.com\/blog\/185-million-potential-teardown-in-palm-beach-hits-the-market-for-the-first-time-once-in-a-generation-opportunity\/#6_21_Fairfield_Pond_Ln_Sagaponack_NY\" >6. 21 Fairfield Pond Ln, Sagaponack, NY<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.brickellsold.com\/blog\/185-million-potential-teardown-in-palm-beach-hits-the-market-for-the-first-time-once-in-a-generation-opportunity\/#5_7_Ocean_Ln_Palm_Beach_FL\" >5. 7 Ocean Ln, Palm Beach, FL<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.brickellsold.com\/blog\/185-million-potential-teardown-in-palm-beach-hits-the-market-for-the-first-time-once-in-a-generation-opportunity\/#4_53370_Ross_Ave_La_Quinta_CA\" >4. 53370 Ross Ave, La Quinta, CA<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.brickellsold.com\/blog\/185-million-potential-teardown-in-palm-beach-hits-the-market-for-the-first-time-once-in-a-generation-opportunity\/#3_190_Palm_Ave_Miami_Beach_FL\" >3. 190 Palm Ave, Miami Beach, FL<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.brickellsold.com\/blog\/185-million-potential-teardown-in-palm-beach-hits-the-market-for-the-first-time-once-in-a-generation-opportunity\/#2_3585_Anchorage_Way_Miami_FL\" >2. 3585 Anchorage Way, Miami, FL<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.brickellsold.com\/blog\/185-million-potential-teardown-in-palm-beach-hits-the-market-for-the-first-time-once-in-a-generation-opportunity\/#1_911_N_Ocean_Blvd_Palm_Beach_FL\" >1. 911 N Ocean Blvd, Palm Beach, FL<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.brickellsold.com\/blog\/185-million-potential-teardown-in-palm-beach-hits-the-market-for-the-first-time-once-in-a-generation-opportunity\/#External_Resources\" >External Resources<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.brickellsold.com\/blog\/185-million-potential-teardown-in-palm-beach-hits-the-market-for-the-first-time-once-in-a-generation-opportunity\/#FAQ_185_Million_Potential_Teardown\" >FAQ: 185 Million Potential Teardown<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.brickellsold.com\/blog\/185-million-potential-teardown-in-palm-beach-hits-the-market-for-the-first-time-once-in-a-generation-opportunity\/#What_should_be_planned_first\" >What should be planned first?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"A_Rare_Opportunity_to_Own_a_185_Million_Potential_Teardown_Estate\"><\/span>&lt;h2&gt;A Rare Opportunity to Own a $185 Million Potential Teardown Estate&lt;\/h2&gt;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<p>Get ready for a rare opportunity to own a 5 million potential teardown estate in Palm Beach, FL. This stunning legacy compound has listed for the first time since it was built in 1976, offering what the listing describes as a &#8216;once-in-a-generation opportunity&#8217; to own one of the area&#8217;s most extraordinary legacy estates.<\/p>\n<p><strong>185 Million Potential Teardown<\/strong> helps improve planning, consistency, and publishing quality when teams follow a repeatable workflow.<\/p>\n<p>That sky-high ask has propelled the dwelling to the top of the week&#8217;s most expensive homes list\u2014with its listed price sitting at $70 million more than the next most pricey abode. <\/p>\n<p>The oceanfront property is owned by <strong>Joan Goodman<\/strong>, widow of real estate developer <strong>Murray H. Goodman<\/strong>, and sits on 2.25 acres with more than 250 feet of direct frontage overlooking the Atlantic Ocean.<\/p>\n<p>The dwelling is located on the island&#8217;s North End and boasts a primary residence, guesthouse, tennis court, and resort-inspired pool.<\/p>\n<p>While the estate is described as being in top-notch condition, it has been suggested that it <em>could <\/em>be demolished to make way for a much newer megamansion, a trend that has become increasingly popular among Palm Beach properties, particularly those that sit on the waterfront. <\/p>\n<p>However, for those who wish to retain a slice of history, there is plenty on offer from the existing abode, which features &#8220;a decorative balustraded wall designed by&nbsp;noted society architect Addison Mizner&nbsp;for long-since-demolished&nbsp;Playa Riente, one of the island\u2019s most elaborate estates of the 1920s,&#8221; according to The Palm Beach Daily News. <\/p>\n<p>More jaw-dropping estates to make this week&#8217;s most expensive list include a Long Island compound owned by Vitamin Shoppe founder&nbsp;<strong>Jeffrey Horowitz<\/strong>, a &#8220;trophy estate&#8221; in La Quinta, CA, with golf course views, and an eight-home compound in <a href=\"https:\/\/www.brickellsold.com\/blog\/miami-poised-for-potential-influx-of-wealth-as-high-net-worth-new-yorkers-evaluate-relocation-optionsmiamis-luxury-real-estate-sector-is-closely-observing-developments-in-new-york-city-parti\/\">Miami<\/a>.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-10-488-s-beach-rd-jupiter-island-fl\"><span class=\"ez-toc-section\" id=\"10_488_S_Beach_Rd_Jupiter_Island_FL\"><\/span>10. 488 S Beach Rd, Jupiter Island, FL<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Price: $50,000,000<\/strong><\/p>\n<p><strong>Tranquility: <\/strong>Just three years ago, <strong>Mike Bermes<\/strong>, president and CEO of James West Capital, purchased this 1,41-acre property for $14.05 million, razed the existing structure, and built this 9,000-square-foot residence in its place.<\/p>\n<p>Overlooking the Intracoastal, the five-bedroom seaside estate surrounded by floor-to-ceiling glass walls to capture the scenery with 200 feet of shoreline boasts alluring water and fire features. Other highlights include a wine room, home theater, fitness center, and a four-car showroom garage. Multiple terraces are designed to soak in the breathtaking sunset views.<\/p>\n<p>From the ocean-facing pool area surrounded by sun decks, pathways lead to a private boat dock designed to accommodate a deep-water yacht.<\/p>\n<p><strong>Brad Bermes<\/strong> of&nbsp;William Raveis Real Estate-Jupiter Island is the listing agent.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Jupiter, FL <span class=\"image-credit\">(Realtor.com)<\/span><\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\" id=\"h-9-157-w-57th-st-units-52-amp-53b-new-york-ny\"><span class=\"ez-toc-section\" id=\"9_157_W_57th_St_Units_52_53B_New_York_NY\"><\/span>9. 157 W 57th St Units 52 &amp; 53B, New York, NY<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Price: $50,000,000<\/strong><\/p>\n<p><strong>Billionaire&#8217;s Row condos: <\/strong>Offering stunning views of Central Park, this &#8220;once-in-a-generation opportunity&#8221; boasts two residences with dual entrances nestled on the 52nd and 53rd floors of the One57 tower located above the Park Hyatt New York.<\/p>\n<p>The 11,000-square-foot &#8220;sky mansion&#8221; with four exposures also has views from the Manhattan skyline to the Hudson River. Custom created for grand-scale entertaining, the 10-bedroom estate also has two gourmet kitchens, two primary suites with dressing rooms, and separate staff quarters. According to the listing, the combined residences can also be sold separately.<\/p>\n<p>A $17,684 monthly association fee includes a 24-hour concierge and provides access to fitness and yoga studios, screening rooms, and the hotel&#8217;s amenities.<\/p>\n<p><strong>Yair Tavivian<\/strong> of&nbsp;Douglas Elliman is the listing agent.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-8-200-dorado-beach-dr-3141-3142-dorado-pr\"><span class=\"ez-toc-section\" id=\"8_200_Dorado_Beach_Dr_3141-3142_Dorado_PR\"><\/span>8. 200 Dorado Beach Dr # 3141-3142, Dorado, PR<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Price: $55,000,000<\/strong><\/p>\n<p><strong>Penthouse Rockefeller Beach:<\/strong> This 11,000-square-foot duplex condo located in the Ritz-Carlton Reserve Residences is the second most expensive listing in Puerto Rico.<\/p>\n<p>Built in 2013, this four-bedroom residence in West Beach spans across two floors and also has a full-floor roof deck with infinity pool, outdoor kitchen, and dining terrace. The open floor plan surrounded by retractable glass doors features an ocean-facing living room, a dining room designed for grand-scale entertaining, a chef&#8217;s kitchen with European cabinetry, and a primary suite with outdoor shower and massage room. Numerous terraces open up to &#8220;uninterrupted&#8221; ocean views.<\/p>\n<p>A $15,581 monthly association fee offers exclusive access to private dining, championship golf courses, tennis and pickleball courts, and three helipads &#8220;for seamless arrival.&#8221;<\/p>\n<p><strong>Monica Gotay<\/strong> of&nbsp;THE COLECTIVO GROUP LLC is the listing agent.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/na.rdcpix.com\/a7957f7507734bc267216ac399dd1c2dw-c899252922srd_q80.jpg\" alt=\"\" class=\"wp-image-1087465\" title=\"\"><figcaption class=\"wp-element-caption\">Dorado, PR <span class=\"image-credit\">(Realtor.com)<\/span><\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\" id=\"h-7-70-vestry-st-unit-phs-new-york-ny\"><span class=\"ez-toc-section\" id=\"7_70_Vestry_St_Unit_Phs_New_York_NY\"><\/span>7. 70 Vestry St Unit Phs, New York, NY<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Price: $65,000,000<\/strong><\/p>\n<p><strong>Duplex penthouse: Silvio Scaglia<\/strong>, an Italian telecom entrepreneur, is said to once again be looking to unload the six-bedroom residence that he purchased for $56,010,250 in 2018.<\/p>\n<p>The 7,808-square-foot, southwest corner unit located atop the <strong>Robert A.M. Stern<\/strong>-designed building originally hit the market in April 2022 and has been holding firm at the current asking price. <\/p>\n<p>Found throughout the 13-room duplex are a corner great room with gas fireplace and Hudson River views, a chef&#8217;s kitchen that opens up to a terrace for alfresco dining, and a &#8220;palatial&#8221; primary suite with dressing room and a windowed bathroom with soaking tub. There is also a private elevator, study, library, a home office, courtyard, and 3,687 square feet of outdoor living found on the wraparound terrace. It also comes with two dedicated parking spaces.<\/p>\n<p>A $21,342 monthly association fee includes access to a swimming pool, hot and cold plunge pools, a steam room, fitness center, billiards room, and entertaining spaces.<\/p>\n<p><strong>Modlin Group LLC <\/strong>is the listing agent.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/na.rdcpix.com\/a56c0f9e42a8753cc9a567c8293f26acw-c106542840srd_q80.jpg\" alt=\"\" class=\"wp-image-1087466\" title=\"\"><figcaption class=\"wp-element-caption\">New York, NY <span class=\"image-credit\">(Realtor.com)<\/span><\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\" id=\"h-6-21-fairfield-pond-ln-sagaponack-ny\"><span class=\"ez-toc-section\" id=\"6_21_Fairfield_Pond_Ln_Sagaponack_NY\"><\/span>6. 21 Fairfield Pond Ln, Sagaponack, NY<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Price: $75,000,000<\/strong><\/p>\n<p><strong>Two separate parcels: <\/strong>These adjacent East End properties are owned by Vitamin Shoppe founder&nbsp;<strong>Jeffrey Horowitz<\/strong>, who shopped around the &#8220;ultimate oceanfront compound&#8221; for $125 million earlier this year, and later dropped the asking price to $89 million over the summer.<\/p>\n<p>The recently reduced compound boasts a 9,000-square-foot primary residence with 200 feet of direct frontage overlooking the Atlantic Ocean. The eight-bedroom estate features a primary suite with glass doors that open up to a private patio. A screening room has custom built-in cabinetry. Terraces overlook the pool, spa, wildflower meadow, and a pavilion with private stairs that lead directly to the beach.<\/p>\n<p>A second parcel across the street &#8220;with deeded ocean access and its own executive golf course&#8221; could accommodate a guesthouse or sports courts, according to the listing.<\/p>\n<p><strong>Kieran Brew<\/strong> of&nbsp;Serhant LLC is the listing agent.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/na.rdcpix.com\/52cdff2e6f693cfecd47a78e9670ddd9w-c725386582srd_q80.jpg\" alt=\"\" class=\"wp-image-1087468\" title=\"\"><figcaption class=\"wp-element-caption\">Sagaponack, NY <span class=\"image-credit\">(Realtor.com)<\/span><\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\" id=\"h-5-7-ocean-ln-palm-beach-fl\"><span class=\"ez-toc-section\" id=\"5_7_Ocean_Ln_Palm_Beach_FL\"><\/span>5. 7 Ocean Ln, Palm Beach, FL<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Price: $84,000,000<\/strong><\/p>\n<p><strong>Under construction: <\/strong>This five-bedroom oceanfront mansion will be completed in late February, according to the listing. <\/p>\n<p>The art deco-style estate will feature an &#8220;abundant use of windows&#8221; to soak in the breathtaking Atlantic Ocean views from nearly every room. Oversized patios and terraces will surround the 9,410-square-foot residence.<\/p>\n<p>An underground parking &#8220;vault&#8221; for up to 14 vehicles can also be found on the half-acre lot.<\/p>\n<p><strong>William Yahn<\/strong> of&nbsp;The Corcoran Group-FL Palm Beach is the listing agent.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/na.rdcpix.com\/6c2a38f4618e5690d1e3dcce71dd02c6w-c739231331srd_q80.jpg\" alt=\"\" class=\"wp-image-1087470\" title=\"\"><figcaption class=\"wp-element-caption\">Palm Beach, FL <span class=\"image-credit\">(Realtor.com)<\/span><\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\" id=\"h-4-53370-ross-ave-la-quinta-ca\"><span class=\"ez-toc-section\" id=\"4_53370_Ross_Ave_La_Quinta_CA\"><\/span>4. 53370 Ross Ave, La Quinta, CA<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Price: $85,000,000<\/strong><\/p>\n<p><strong>Golf course views: <\/strong>This 10-bedroom &#8220;trophy estate&#8221; boasts mountain views and 470 feet of frontage overlooking a <strong>Tom Fazio<\/strong>-designed golf course in The Madison Club.<\/p>\n<p>Offering a massive 35,370 square feet of interior space, it is the largest residence ever constructed in the exclusive private club. Built in 2020 as the primary residence of Madison&#8217;s residential developer, &#8220;no expense was spared in its creation.&#8221; <\/p>\n<p>Over-the-top amenities include five full kitchens, two 5,000-square-foot primary suites, 19 fireplaces, an indoor pickleball court, a built-in bar, DJ booth, golf simulator, fitness center, and four pools.<\/p>\n<p>The 2.43-acre lot also has a professional outdoor sports court, a guesthouse with private zero-edge pool, and a 13-car garage.<\/p>\n<p><strong>Ginger Glass<\/strong> of&nbsp;COMPASS is the listing agent.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/na.rdcpix.com\/3c9f1316429e6b14e992abfe0fa06b21w-c134261563srd_q80.jpg\" alt=\"\" class=\"wp-image-1087471\" title=\"\"><figcaption class=\"wp-element-caption\">La Quinta, CA <span class=\"image-credit\">(Realtor.com)<\/span><\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\" id=\"h-3-190-palm-ave-miami-beach-fl\"><span class=\"ez-toc-section\" id=\"3_190_Palm_Ave_Miami_Beach_FL\"><\/span>3. 190 Palm Ave, Miami Beach, FL<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Price: $99,000,000<\/strong><\/p>\n<p><strong>Palm Island: <\/strong>This two-home compound was originally part of a trio of residences that hit the market earlier this year for $150 million.<\/p>\n<p>The smaller offering now includes two side-by-side mansions at 190 and 198 Palm Avenue. Offering a combined 15 bedrooms, the two waterfront homes built in 2014 feature a combined 24,036 square feet of luxurious space. Coffered ceilings, Palladian windows, a marble fireplace, and a gourmet chef&#8217;s kitchen can be found throughout the modernized layout.<\/p>\n<p>The 1.38-acre lot also has two swimming pools and docks designed for &#8220;multiple mega yachts.&#8221;<\/p>\n<p><strong>Fredrik Eklund<\/strong> of&nbsp;Douglas Elliman-Coconut Grove is the listing agent.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/na.rdcpix.com\/d9a81114fc05cd6fb86729b82a4fc12ew-c3717429809srd_q80.jpg\" alt=\"\" class=\"wp-image-1087476\" title=\"\"><figcaption class=\"wp-element-caption\">Miami Beach, FL <span class=\"image-credit\">(Realtor.com)<\/span><\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\" id=\"h-2-3585-anchorage-way-miami-fl\"><span class=\"ez-toc-section\" id=\"2_3585_Anchorage_Way_Miami_FL\"><\/span>2. 3585 Anchorage Way, Miami, FL<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Price: $115,000,000<\/strong><\/p>\n<p><strong>Eight-home compound: <\/strong>The 4.5-acre Banyan Ridge Estate showing more like a mini resort is owned by restaurateur <strong>Jonathan D. Lewis<\/strong>, who listed it last year for an eye-popping $135 million.<\/p>\n<p>Nestled on 4.5 acres with 180 feet of frontage overlooking Biscayne Bay, the 13-bedroom &#8220;sanctuary&#8221; is surrounded by waterfalls, koi ponds, meditation gardens, and &#8220;hidden&#8221; courtyards. The legacy estate boasts two residences, guest homes, and a spa.<\/p>\n<p>Infinity pools, a boat dock with lift, boathouse, and six-car garage can also be found on the lushly landscaped lot designed by landscape architect <strong>Raymond Jungles<\/strong>. <\/p>\n<p><strong>Daniel Hertzberg<\/strong> of Coldwell Banker Realty is the listing agent.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/na.rdcpix.com\/b778798cfe38e3f49f196076c2f92becw-c2115084230srd_q80.jpg\" alt=\"\" class=\"wp-image-1087481\" title=\"\"><figcaption class=\"wp-element-caption\">Miami, FL <span class=\"image-credit\">(Realtor.com)<\/span><\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\" id=\"h-1-911-n-ocean-blvd-palm-beach-fl\"><span class=\"ez-toc-section\" id=\"1_911_N_Ocean_Blvd_Palm_Beach_FL\"><\/span>1. 911 N Ocean Blvd, Palm Beach, FL<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Price: $185,000,000<\/strong><\/p>\n<p><strong>Oceanfront compound: <\/strong>This 2.21-acre oceanfront legacy compound is owned by <strong>Joan Goodman<\/strong>, widow of real estate developer <strong>Murray H. Goodman<\/strong>.<\/p>\n<p>Offered for the first time since it was custom built in 1976, the 17,572-square-foot estate boasts 12 bedrooms, 18 bathrooms, and more than 250 feet of direct Atlantic Ocean frontage. The property includes a primary residence, guesthouse, tennis court, and resort-inspired pool.<\/p>\n<p>The listing says the property could be &#8220;reimagined into a bespoke new legacy estate.&#8221;<\/p>\n<p><strong>Overman Marley<\/strong> of&nbsp;Illustrated Properties LLC is the listing agent.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/na.rdcpix.com\/aefedbcc81478a15b12894645a83ead3w-c230663902srd_q80.jpg\" alt=\"\" class=\"wp-image-1087482\" title=\"\"><figcaption class=\"wp-element-caption\">Palm Beach, FL <span class=\"image-credit\">(Realtor.com)<\/span><\/figcaption><\/figure>\n<p>While the estate is described as being in top-notch condition, it has been suggested that it could be demolished to make way for a much newer megamansion. However, for those who wish to retain a slice of history, there is plenty on offer from the existing abode.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"External_Resources\"><\/span>External Resources<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/developers.google.com\/search\/docs\/essentials\" target=\"_blank\" rel=\"noopener\">Google Search Essentials<\/a> and <a href=\"https:\/\/developer.wordpress.org\/plugins\/\" target=\"_blank\" rel=\"noopener\">WordPress Plugin Handbook<\/a> are useful references for best practices.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"FAQ_185_Million_Potential_Teardown\"><\/span>FAQ: 185 Million Potential Teardown<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_should_be_planned_first\"><\/span>What should be planned first?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Start with the goal, audience, and deliverables so the final content and media support the same outcome.<\/p>\n<p><strong>Need help implementing this workflow?<\/strong> Contact Miami Real Estate Insights &amp; Market Trends to plan a practical content and media process.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>$185 Million Potential Teardown in Palm Beach Hits the Market for the First Time: A Rare Opportunity to Own a Legacy Estate | Brickellsold: Mistakes to Avoid: &#038;<\/p>\n","protected":false},"author":1,"featured_media":1736,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rank_math_title":"7 Proven 185 Million Potential Teardown Mistakes to Avoid","rank_math_description":"&lt;h2&gt;A Rare Opportunity to Own a $185 Million Potential Teardown Estate&lt;\/h2&gt; Get ready for a rare opportunity to own a 5 million potential teardown","rank_math_focus_keyword":"185 Million Potential Teardown","rank_math_canonical_url":"https:\/\/www.brickellsold.com\/blog\/185-million-potential-teardown-in-palm-beach-hits-the-market-for-the-first-time-once-in-a-generation-opportunity\/","rank_math_robots":"index,follow","footnotes":""},"categories":[1719],"tags":[],"class_list":["post-1735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-miami-real-estate"],"_links":{"self":[{"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/posts\/1735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/comments?post=1735"}],"version-history":[{"count":3,"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/posts\/1735\/revisions"}],"predecessor-version":[{"id":4188,"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/posts\/1735\/revisions\/4188"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/media\/1736"}],"wp:attachment":[{"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/media?parent=1735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/categories?post=1735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/tags?post=1735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}