Palm Beach Hedge Fundee Buys Most Expensive Spec House Ever


From Palm Beach Daily News: 

Darrell HofheinzDaily News Real Estate Writer

Palm Beach hedge-funder Kenneth G. Tropin is behind the purchase of 1695 North Ocean Way, the new beachfront house built on speculation that changed hands for nearly $44 million in a sale recorded Friday.
The Kenneth G. Tropin Revocable Trust bought the house, according to the deed viewable Monday on the Palm Beach County County Clerk’s website. The Daily News broke the news of the $43.7 million sale on Friday but the buyer had not been identified.
The property is said to be the most expensive spec house ever sold in Palm Beach…..

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