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.
Related information: