Florida Home on the Water Trades for More Than $90 Million

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Florida Home on the Water Trades for More Than $90 Million
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A newly built, waterfront estate south of Palm Beach has sold for more than $90 million, according to people familiar with the deal

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Located on a barrier island in the town of Manalapan, the roughly 2-acre lot stretches from the ocean to the Intracoastal Waterway, according to property records. The off-market transaction closed today; the identity of the buyer couldn’t be determined.

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