Friday, August 18, 2017

THE FORMER JOHN KLUGE ESTATE HAS BEEN SPLIT INTO FIVE LOTS



One lot is under contract and the other four are available for sale.  Prices range from $6.895mm to $14.495mm.  The plat won approval in July.  Total acreage is 3.4.  The location is South County Road at the northeast corner of El Bravo Way, four blocks from Worth Avenue.

The developer who owns the properties might develop homes there himself or with others. He paid $39mm and purchased the property from Columbia University.  Kluge had bequeathed the property to Columbia University.

This is the first major subdivision in recent memory in the Estate Section of Palm Beach Island.

Photo is courtesy of Christian Angle Real Estate.