LOCATION: 1071 N Ocean Boulevard, Palm Beach, Florida

SQUARE FOOTAGE: 35,993

BEDROOMS & BATHROOMS: 8 bedrooms & 18 bathrooms

PRICE: Sold for $40,870,915 on 07/01/19 (first listed for $84,500,000 in 2015)

This Mediterranean style oceanfront home is located at 1071 N Ocean Boulevard in Palm Beach, Florida and boasts 240 feet of water frontage. It is owned by Philadelphia attorney and entrepreneur Vahan Gureghian. Vahan and his wife purchased the land for $28.9 million.

The home was designed by Pennsylvania-based architect Frederick L. Bissinger Jr. along with Smith and Moore Architects of West Palm Beach. It features approximately 35,993 square feet of living space with 8 bedrooms (including 2 staff suites each with a living room and kitchenette), 7 full & 11 half bathrooms, 2-story foyer with staircase, 3 additional staircases, elevator, great room, formal dining room, gourmet kitchen, family room, playroom, dog room, home office, library, billiards room, home theater, wine cellar, game room, bowling alley, gym, massage room, two 4-car garages and more.

Outdoor features include 2 gated entrances, fountain, 2 terraces, 2 loggias, kitchen/BBQ and a swimming pool with spa.