Published by The Real Deal South Florida, February 4, 2021
The Estate of the late coal Billionaire, Christopher Cline, sold one of his Oceanfront North Palm Beach mansions for $25,697,300. The Home has eight bedrooms, eight full bathrooms and five half-bathrooms. The home also has a theatre, gym, 8-Car Garage, Pool and direct access to the beach.
Records show Cline’s Estate sold the mansion at 12510 Seminole Beach Road — as well as a separate lot that contains a long driveway — to Seminole Beach LLC, a Delaware company. Leslie Ray and Timothy Elliot acted as co-representatives of Cline’s estate. Lawrence Moens of Lawrence A. Moens Associates represented Cline’s estate, and Meike Macgregor of Compass represented the Buyer.
Cline, who was originally from West Virginia, was the owner of St. Louis-headquartered Foresight Energy, a producer of coal energy. According to Forbes, he sold a controlling stake in the company for $1.4 billion in 2015. Cline died in a helicopter crash off the coast of his private island in the Bahamas in 2019.
The billionaire’s estate also owns two neighboring North Palm Beach plots, one with another mansion and the other with tennis and basketball courts. According to the listing, that property is also for sale.
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