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Monthly archives for November, 2015

FLORIDA MANSION OFFERED AT $159 MILLION (Le Palais Royal)

Florida MansionFLORIDA MANSION OFFERED AT $159 MILLION (Le Palais Royal)

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