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Palm Beach homes: Midtown house sells off-market for $15.3M

Palm Beach Daily News

This house at 320 Barton Ave. in Palm Becah just sold for a record $15.3 million. The seller apparently bought a landmarked house less than a mile away at 130 Chilena Ave. [Darrell Hofheinz/palmbeachdailynews.com]

Seller apparently has bought landmarked house less than a mile away for $8 million.

A Palm Beach house that hadn’t changed hands in more than 20 years on Barton Avenue has sold off-market for a recorded $15.3 million, the price recorded today with the deed.

And the seller has apparently bought another Midtown house less than a mile away on Chilean Avenue for $8 million.

Financier C. Edward Carter Jr. sold his homesteaded house at 320 Barton Ave. to a Florida limited liability company named Barton Avenue PB LLC, the deed shows. That company is co-managed by businessman and investment manager David J. Martinelli of Haverford, Pennsylvania, according to state business records.

Martinelli also signed a $10.72 million mortgage related to the property, and that document also was recorded today at the Palm Beach County Clerk’s office.

Read the full Palm Beach Daily News Article here …

Posted in In the News

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