Jimmy Buffett has a penchant for “Paradise!” According to property records, the Margaritaville crooner paid $1.3 million for his third property in a ritzy Palm Beach neighborhood. This new home is likely to be used by the multimillionaire as a guesthouse, as it’s located directly across the street from a home he bought for $802k in 2002.
Buffett’s new home is close to the beach and has 4 bedrooms, 3.5 baths and 3,100 square feet. It also features hardwood floors, a chef’s kitchen, custom closets and Palm Beach must-haves: a private patio and balcony.
Buffett has made millions after decades of touring, as well as other ventures that include the successful “Margaritaville” and “Cheeseburger in Paradise” restaurant chains and Land Shark Lager beer. He’s plowed a significant amount of money into real estate. Aside from the two homes he now owns across the street from each other, Buffett also owns a much larger Palm Beach residence that he paid nearly $5M for in 2011, 3 side-by-side homes in Sag Harbor, NY and a Caribbean villa on the island of St. Barth.