Piano man Billy Joel profits from $7.5M sale of oceanfront land in Palm Beach County

A company owned by Rock & Roll Hall of Famer Billy Joel sold a vacant lot in Manalapan for $7.5 million to turn a nice profit. uth Ocean Living LLC, managed by Wellington-based Francisco “Frank” J. Gonzalez on behalf of Joel, sold the 1.94-acre home lot at 1940 S. Ocean Blvd. to UM RE Holdings, managed by Frank Mennella in Coral Springs. Joel’s company bought the property for $6.5 million in 2014. It spans from the ocean to the Intracoastal Waterway, although the home would have to be built…

from Real Estate Top Stories on DNAinfo - Tuesday, April 10, 2018 | 2:13pm & Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com https://ift.tt/2HbAPZ6
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