Record Oceanfront Asking Price: An oceanfront mansion at 1616 South Ocean Boulevard in Palm Beach recently hit the market asking $195 million, which could set a new local record if sold at that price.

Estate Details:

- Location: 1616 S. Ocean Blvd., Palm Beach, FL (Billionaires' Row, south of Mar-a-Lago)

- Size: Nearly 20,000 square feet on roughly two acres of land

- Waterfront: Double-waterfront access to both the Atlantic Ocean and the Intracoastal Waterway (with a private dock)

- Layout: 7 bedrooms and 12 bathrooms

- Key Features: Rebuilt/completed in 2023, featuring a 53-foot infinity pool, and an 18-car garage.

Project Details:

Location- 464 Fern Street, Downtown West Palm Beach

Future Residences- 194 luxury condo units ranging from two to four bedrooms.  Located on a 2.46 acre site.

Amenities: Plans include a lap pool, outdoor bar, fitness center, landscaped terraces and game room, along with a street-level garden plaza.  The approximately 316-foot building will also include more than 4,300 square feet of ground-floor commercial space.

Status: Currently undergoing municipal review

Key Transaction Details:

Buyer- Related Ross, founded by Billioniaire developer Steve Ross.

Seller- CP Group, DRA advisors, Rialto, and Las Olas Capital Advisors

Location- 1.7 million square feet of office and technology space across 124 acres located at 5000 T-Rex Avenue

Current Tenants- Home to high-tech and healthcare firms including D-Wave Quantum, Mod Med and Brainlabs.

Operations- The firm will continue operating BRiC as a premier technology and office hub while exploring long-term mixed-use destination enhancements.

Date: Saturday, May 2, 2026 – 6:00PM to 10:00PM

Location: Kravis Center for the Performing Arts, West Palm Beach

Host: Chamber of Commerce of the Palm Beaches

Impact: The Chamber of Commerce of the Palm Beaches brought together the region’s top business, civic, and community leaders for the inaugural West Palm Beach Mayor’s Gala, a sold-out event celebrating economic opportunity and the continued momentum of the growth and immense development of West Palm Beach.  The evening raised funds to support the city’s entrepreneurship and small business growth through the Chamber’s Innovation Hub and the Mayor’s Jumpstart Academy.

Date: Saturday, April 11, 2026

Location: The Mar-a-Lago Club in Palm Beach, FL.

Host: Actor Tony Danza.

Highlights: The evening featured a poolside cocktail reception, live and silent auctions for once-in-a-lifetime experiences, and moving stories from adopted youth.

Impact: The signature event welcomed approximately 350 guests and successfully raised millions of dollars to support children in foster care and youth aging out of the system. Proceeds going directly toward programs like Selfless Love Families, which connects children with forever families, as well as new initiatives like supportive housing at the Burke Center ranch in Texas.

Date: Monday, February 16, 2026

Location: The Breakers Palm Beach

Chairs: Amy & John T. Collins (Gala Chairs), Susan & Bob Wright (Honorary Gala Chairs)

Highlights: The black-tie event featured a cocktail reception, formal dinner, dancing, a live auction, and the presentation of the Lisa Bruna B-Major Award to talented young musicians.

Impact: The highly successful evening broke records for the nonprofit orchestra by raising $1.2 million to support it's music education and community outreach programs.

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