The Beaux-Arts-style townhouse had not traded hands in over 75 years and set a price record for any townhouse sold on Fifth Avenue, according to Douglas Elliman Realty
The 14,000-square-foot spec mansion located in Palm Beach, just a few streets north of Mar-a-Lago, sold to an unknown buyer
The modern home, which looks like it could easily fit into the setting of a sci-fi film, was originally listed for $49.5 million in November and was built in 2007 by the late Duane Hagadone, a publishing and hospitality executive
Character, location and vast opportunity all make dated homes an enticing purchase