Florida Bermuda-Style House Sold For $13M
A luxury house described as ‘Bermuda-style’ in Palm Beach, owned by the executive chairman of Ross Dress for Less’ parent company, has been sold for $13.075 million.
An Aol report said, “The executive chairman of the parent company of retailer Ross Dress for Less has sold — for a recorded $13.075 million — the North End house his ownership company bought new for $6.56 million in July 2020.
“The latest sale price for the ocean-block house at 154 Atlantic Ave. is almost double the documented price for the previous sale, which closed a few months after the coronavirus pandemic arrived in Palm Beach. The $6.515 million price difference likely reflects the real estate boom and escalating property values that accompanied the first years of the health crisis.
“Built on speculation and completed in early 2020, the Bermuda-style house has four bedrooms and 4,683 square feet of living space, inside and out. It stands on a lot of a little less than a quarter-acre, a few blocks north of the Royal Poinciana Way commercial district.
“Michael Perry of MP Design & Architecture in Palm Beach designed the house, which has a front entry topped by scalloped parapet at the roofline and a balcony above the porch. The color scheme also is typically Bermudian, with a white facade, a white-tile roof and light blue-green shutters.
“The layout includes a foyer and stair hall, a great room, a study and a two-car garage. The kitchen is open to the family room. There’s a first-floor master suite, and upstairs are a loft and three guest suites. French doors in some of the downstairs rooms lead to the backyard, which features an arbor as well as a pool with a sun shelf and whirlpool spa.
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