June 6, 2012
Longtime Palm Beach resident Ruby S. Rinker has sold her ocean-to-lake estate at 1840 S. Ocean Blvd. in a private deal for $23.5 million. The deed was recorded by the Palm Beach County Clerk's office. According to property records, it's the largest single residential sale in Palm Beach in the last year.
The seven bedroom home rests on a 2.66 acre estate north of Sloan's Curve near Ibis Way on the stretch of Palm Beach's South Ocean Boulevard known as “Billionaire’s Row.”
Built in 1971, the house and a two-bedroom outbuilding have nearly 12,230 square feet of living space, inside and out, according to Palm Beach property records. The property has a swimming pool and a tennis court among its amenities.
Rinker bought the house for $7.45 million in 1999.
Full Story: Palm Beach Daily News
