Hedge funder Steven Schonfeld is about to close on a deal that will hand him the keys to the most expensive mansion in U.S. history, according to a report.
The oceanfront property in Palm Beach, Fla., a half-mile south of President Donald Trump’s private club, Mar-a-Lago, will reportedly set the billionaire back just under a little less than $200 million in the off-market deal, the New York Post reported.
The South Ocean Boulevard home has 10 bedrooms, 16.5 baths, a pool and a tennis court. The estate spans roughly 34,775 square feet, according to Zillow, which lists the home as off the market.
Schonfeld would be privy to the 350 feet of oceanfront and around 230 feet of frontage along the Intracoastal Waterway.
The home is owned by beauty mogul Sydell Miller who cofounded Matrix Essentials Inc., a hair and beauty line, the Post reported.
via@foxbusiness