Palm Beach home sells for $25M

The home at 1472 South Ocean Boulevard has been sold for $25 million, according to a deed recorded in Palm Beach County Circuit Court. The home, which was designed by architect John Volk, was built in 1953. Owners William and Kathleen Wallace purchased the home for $5.95 million in 1996, according to the Palm Beach County Property Appraiser’s office.

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