From the Palm Beach Daily News: “Jimmy Buffett home sells for $18.5 million”
Jimmy and Jane Buffett’s Midtown estate has sold for $18.5 million, according to a deed filed today at the Palm Beach County courthouse.
The buyer has not yet been identified.
The Buffetts paid $4.4 million for the five bedroom-nine bathroom compound on 1.6 acres in 1994. The address is 540 S. Ocean Blvd.
The estate was originally designed in the Mediterranean style by Marion Sims Wyeth but was later remodeled into a British Colonial-style house by Howard Major. In 1969 the Garden Club of Palm Beach showcased the house as part of its annual house and garden tour.
The estate features a tennis court, pool, guest house and ocean frontage.
The property is currently appraised for $23.3 million by the Palm Beach County Property Appraiser’s Office.