It’s the most wonderful time of the year, when homeowners in Palm Beach start looking for snowbirds eager to drop serious cash for a winter vacation mansion. Dr. Oz, known for his lifestyle and health advice on the television series “The Dr. Oz Show,” is listing his oceanfront home for $95,000 a month – marking the one of the most expensive price tags in the tony town, according to the Palm Beach Daily News. That’s in addition to a $90,000 deposit. The... [read more]

The developer of a new subdivision on prime Estate Section land has announced the prices for the four vacant lots being marketed for sale on the former estate of the late billionaire John W. Kluge. The remaining lot is already under contract, the Town Council learned earlier this summer before the landlocked subdivision’s plat won approval in July. The 3.4-acre property is owned by a development company controlled by Sir Peter Wood, a seasonal Palm Beacher. The subdivision is... [read more]

  Boynton Beach officials will consider plans for the mixed-use Ocean One project along Federal Highway/U.S. 1. Ocean One Boynton LLC, an affiliate of Washington, D.C.-based Washington Real Estate Partners, wants to rezone the 3.63-acre site at 114 N. Federal Highway to allow 358 apartments, 12,075 square feet of commercial/retail, a 120-room hotel and 439 parking spaces. The property runs along the highway from Boynton Beach Boulevard to Ocean Avenue. It is not along the water,... [read more]

The head of an independent copier company just closed on a Palm Beach home for $18.7 million, property records show. Kevin and Lisa McGovern sold the 8,722-square-foot mansion at 224 South Ocean Boulevard to Armen A. Manoogian, CEO of United Business Technologies. Kevin McGovern is chairman and CEO of New York and Boca Raton-based McGovern Capital, according to Bloomberg. His firm provides business and investment strategy. Manoogian, whose nearly four decades of experience includes... [read more]

  K Hovnanian Homes wants to rezone part of its residential development site in Royal Palm Beach for commercial project and sell it to a local firm. The village’s Local Planning Agency will hold a meeting on April 25 to consider a comprehensive plan amendment and rezoning for the mixed-use project at 11925 Southern Blvd. It’s called Cypress Key. Hovnanian (Nasdaq: HOV) is currently building 147 townhouses on part of the 35.2-acre site. It would sell the commercial... [read more]