The Palm Beach compound that once belonged to dead sex offender and financier Jeffrey Epstein and which can only be described as "infamous," has been listed for sale, reports The Wall Street Journal. This waterfront property, where many of Epstein's alleged crimes took place, was bought in 1990 for $2.5 million. Now, the asking price is just shy of $22 million. Additionally, Epstein's New York townhouse is also on the market with an asking price of $88 million.
Despite the notorious reputation of the Palm Beach estate, which might deter potential buyers, it seems there is still interest in the property. Listing agent Kerry Warwick of the Corcoran Group expressed optimism, stating, "I believe the past ownership of the property will bear no relationship to its future…The location and what can be done with it is really what matters."
Warwick's remarks highlight the property's prime location, which is a mere mile from Donald Trump’s private Mar-a-Lago club. This suggests they are targeting buyers looking for a deal on a key piece of South Florida real estate. The house itself, designed by architect John Volk in a 1950s Indies style, boasts a six-bedroom main house, a three-bedroom staff house, and a pool house, totaling approximately 14,000 square feet of interior space.
The Palm Beach property is not the only asset of Epstein's that has hit the market. His townhouse on the Upper East Side of Manhattan is also listed at $88 million, reflecting its highly exclusive location on East 71st Street, which the Wall Street Journal has described as "one of the most prestigious blocks in the city."
What You Will Learn
- The Palm Beach compound's history and its connection to Jeffrey Epstein.
- Current market pricing for Epstein’s former properties.
- Insights from the listing agent about potential buyers and property value.
- Details about the architectural design and features of the Palm Beach property.
