Published by The Real Deal, July 24, 2020
An Ocean-to-Lake mansion in Palm Beach sold for $51.4 Million, adding to an exceptionally active luxury residential market during the Pandemic.
Property records show Dr. Norman Traverse, a Pulmonologist, and his wife, Nassrine Traverse, sold their seven-bedroom, 14-bathroom Estate at 1744 South Ocean Boulevard to 1744SOL, a Delaware LLC.
The 18,432-square-foot home sold for $2,790 per square foot. Douglas Elliman’s Ashley McIntosh, Chris Leavitt and Gary Pohrer brokered the deal. Elliman declined to comment.
Palm Beach Brokers have been busy during the Coronavirus Pandemic, with one Agent calling the surge in interest and activity “pandemonium.”