The most expensive listing in the United States is about to hit the market…….again. This time Le Palais Royal located in Hillsboro Beach, FL will be listed at $159 Million, a $20 Million price increase from it’s previous listing price. The increase in price is not only due to Florida’s desirable and increasing market, but an additional 1 1/2 acres of land, two guesthouses, and an entertainment complex were added within the past 2 years. Amazing features include 11 bedrooms, 16 bathrooms, a 30-car garage, ice-skating rink, go-kart track, IMAX Home Theater (with 18 seats), and a $2 Million marble staircase. The property is owned by Robert Pereira, the founder of Middlesex Corp, a construction company located in Massachusetts and Orlando, Fl.
The home is made up of 60,500 square feet pricing it just under $2,300 per square foot. The total lot equates to just over 4 1/2 acres and has ocean views on one side and the intra-coastal on the opposite side. Some of the luxury features this home has to offer are the first of their kind and construction time has exceeded 9-years.
For more information on Le Palais Royal and it’s exquisite features please visit: http://www.wsj.com/articles/floridas-le-palais-royal-boosts-its-price-tag-to-159-million-1447255330