Topline
A storied waterfront estate has hit the market in Palm Beach for $185 million, complete with more than 2 acres of land, a guest house, tennis court and a 24,000-square-foot main home—that the property’s next buyer could very well tear down.
The Goodman Estate at 911 N. Ocean Blvd.,
Illustrated Properties
Key Facts
At 911 N. Ocean Blvd., the property is known to locals as the Goodman Estate and has been owned by the same couple, late real estate developer Murray H. Goodman and his wife Joanie, since the 1970s.
The couple custom-built the home, which has 12 bedrooms, 20 bathrooms, marble floors, fireplace and wet bar, on a 2.5-acre lot with 250 feet of shoreline.
In addition to the main residence, the property boasts a tennis court, guest house and “resort-style” pool, according to the property listing by Marley Overman of Illustrated Properties and Gary Pohrer of Serhant.
The property was once home to an estate called Playa Riente, which shined in the 1920s, and retains some of the original details, including a balustraded wall designed by architect Addison Mizner, famous for designing Florida mansions in the early 1900s (the original home was demolished in the 50s).
Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you’ll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here: joinsubtext.com/forbes.
A tennis court at 911 N. Ocean Blvd.,
Illustrated Properties
The Goodman Estate at 911 N. Ocean Blvd.,
Illustrated Properties
Big Number
52,757%. That’s how much 911 N Ocean Blvd has increased in value since Murray Goodman first bought the property for $350,000 in 1974, according to Palm Beach Daily News.