The Historic Kennedy Estate In Palm Beach Sold For $70 Million

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The Historic Kennedy Estate In Palm Beach Sold For $70 Million

Did you know that the former Kennedy family estate, famously known as the Winter White House, has recently changed hands for a staggering $70 million? Nestled in the opulent Palm Beach, Florida, this remarkable property boasts a rich history intertwined with one of America’s most iconic families. The 1920s era home, located on North Ocean Boulevard, features 200 feet of oceanfront access and offers a luxurious living space of 15,347 square feet spread across the main residence and additional buildings.

The estate has been under the ownership of billionaire Jane Goldman since 2015, who acquired it for $31 million. This sale showcases a remarkable investment return, as Goldman has profited $39 million within just five years. The Kennedy family originally purchased the compound in 1933, and it was here that John F. Kennedy wrote his Pulitzer Prize-winning book "Profiles in Courage" while recovering from surgery in 1956.

With 11 bedrooms, 12 bathrooms, and three half bathrooms, this estate is not only a luxurious residence but also a significant piece of American history. The home was the last place John F. Kennedy spent the weekend before his tragic assassination in 1963. Since the Kennedy family sold it in 1995 for $4.9 million, the estate has had only three owners, with Jane Goldman being the most recent. The identity of the new buyer remains anonymous, secured by a trust, adding an air of mystery to this already fascinating property.

What You Will Learn

  • The historical significance of the Kennedy estate in Palm Beach.
  • Details about the property’s luxurious features and layout.
  • The impressive return on investment for Jane Goldman.
  • The notable figures who have been associated with the estate.
DetailInformation
Original Purchase Year1933
Last Sold Price$70 million
Previous OwnerJane Goldman
Size of Property15,347 square feet
Number of Bedrooms11
Number of Bathrooms12 full, 3 half
LocationNorth Ocean Boulevard, Palm Beach, Florida

As we explore the legacy of this iconic estate, we uncover not just the architectural beauty but also the stories that have shaped its history. From political milestones to personal memories, the Kennedy estate is a symbol of American heritage and luxury living. The Palm Beach area is known for its affluent residents, and the Kennedy estate is no exception, sitting in close proximity to other notable figures in entertainment and business.

In the following sections, we will delve deeper into the rich history, the architectural features, and the notable residents of the estate. Stay tuned as we uncover the timeless allure of this magnificent property.

Former Kennedy Palm Beach Compound Reportedly Sold By Billionaire Jane
Former Kennedy Palm Beach Compound Reportedly Sold By Billionaire Jane

Kennedy Family's "Winter White House" Palm Beach Estate Sells for 70
Kennedy Family's "Winter White House" Palm Beach Estate Sells for 70

UPDATED Former Kennedy estate sells for 70 million in Palm Beach
UPDATED Former Kennedy estate sells for 70 million in Palm Beach

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