Published by The Palm Beach Post, July 20, 2020
Million-dollar listings: Rocker Jon Bon Jovi has used the same ownership company that just sold his new Palm Beach custom home — for a reported $19.85 million — to buy, for a recorded $43 million, an Oceanfront Estate a couple of miles away at 1075 N. Ocean Blvd. The simultaneous sales closed Friday, July 17, 2020, according to the local multiple listing service.
A company controlled by Rocker Jon Bon Jovi has paid a recorded $43 million for a beachfront mansion in Palm Beach and sold his smaller seaside home down the road for nearly $20 million, according to courthouse records and a closed sales listing in the local multiple listing service.
Both deals closed simultaneously Friday on the North End of Palm Beach, the Palm Beach Board of Realtors MLS shows.
This story was updated July 20, 2020, to include information about the buyer’s side of 1075 N. Ocean Blvd. via the deed recorded Monday. This continues to be a developing story. Check back for updates. Click here to read the full Article.