The former Kennedy family estate in Ritzy Palm Beach, Florida, known as the Winter White House under the chairmanship of John F. Kennedy, was sold off the market for $ 70 million. The 1920s era house on North Ocean Boulevard has 200 feet of ocean frontage with 15,347 square feet of living space across the main residence and other buildings. The home has been owned by billionaire Jane Goldman since 2015. She paid $ 31 million for the property, which is about an acre. Talk about a good return on investment. She made $ 39 million in just five years.
The compound was purchased in 1933 by Joseph P. Kennedy, Sr. John F. Kennedy wrote his Pulitzer Prize-winning book “Profiles in Courage” at home while recovering from back surgery in 1956. The house has 11 bedrooms, 12 bathrooms and three and a half bathrooms. John F. Kennedy spent the last weekend of his life at home in 1963 before traveling to Dallas, Texas, where he was assassinated on November 22, 1963 by Lee Harvey Oswald.
The complex has had only three owners since the Kennedy family sold it in 1995 for $ 4.9 million to John K. Castle, president and CEO of the medical publishing company Castle Harlan. He owned it for two decades and sold it to Goldman in 2015. Goldman is the only female American billionaire to run a real estate company. She heads Solil Management with her three brothers and sisters. She is the youngest daughter of Sol Goldman, who was once the largest owner in New York. Thanks to Solil, Goldman has apartments on the Upper East Side as well as the block of land in Manhattan which includes the Cartier mansion and the Olympic tower.
The identity of the new buyer is hidden by a trust. The house, located on the golden coast of South Florida, has a swimming pool and a tennis court, as well as a who’s who of guests from 20e century.
The property at 1095 North Ocean Drive is located a short distance from President Trump’s Mar-a-Lago property. Other neighbors include author James Patterson, musician Billy Joel, Marvel Entertainment CEO Isaac Perlmutter, heiress of Cox Cable Margaretta Taylor, Donald Trump’s sister Maryanne Trump Barry, Rupert Murdoch’s ex-wife Anna Murdoch Mann, Seagram’s heir Charles Bronfman, real estate billionaire Stephen Ross, and Howard Stern.