A newly completed mansion at 301 Plantation Road in Palm Beach is on the market with an asking price of $32 million. It is the most expensive of 21 luxury deals signed across Palm Beach County between Nov. 2 and Nov. 8, and it is at the centre of a foreclosure case that began in October, The Real Deal reported. The seller is an LLC managed by investment banker Roberto de Guardiola. The entity paid $9 million for the property in 2023, according to public records.This year, it fell behind on a $22 million mortgage, and the lender responded by filing a foreclosure suit in October. The house itself was completed this year. Margit Brandt of Premier Estate Properties holds the listing and is often ranked among the top two brokers in Palm Beach by sales volume.A Palm Beach estate completed this yearThe brand-new estate is on the North End of Palm Beach Island. The listing on Redfin says it was completed in spring 2026. It spans more than 9,000 square feet and has seven bedrooms, eight full bathrooms and three half-bathrooms. The ceilings measure 11.5 feet, giving the formal rooms plenty of height and making the home ideal for entertaining. The kitchen is equipped with Gaggenau and Sub-Zero appliances.The primary suite is particularly luxurious and includes two marble bathrooms…
Palm Beach estate tied to foreclosure suit asks $32 million
A mansion located at 301 Plantation Road in Palm Beach is currently listed for sale at $32 million. The property has a history of foreclosure proceedings after the seller defaulted on a $22 million mortgage. This brand-new estate features over 9,000 square feet, seven bedrooms, and luxurious amenities like a double infinity-edge pool. A total of 21 luxury deals were signed in Palm Beach County during a recent week.
In brief
A newly completed mansion at 301 Plantation Road in Palm Beach is on the market with an asking price of $32 million. Margit Brandt of Premier Estate Properties holds the listing and is often ranked among the top two brokers in Palm Beach by sales volume.A Palm Beach estate completed this yearThe brand-new estate is on the North End of Palm Beach Island.
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