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Hedge fund billionaire Steven Schonfeld has purchased this oceanfront estate in Palm Beach, Florida for $111 million. This makes it the most expensive single family detached home ever sold in Florida.

Located at 1415 South Ocean Boulevard, the 4+ acre oceanfront estate was owned by philanthropist Sydell Miller, who co-founded Matrix Essentials, a hair and beauty line, with her late husband, Arnold.

It features a whopping 70,000 square feet of living space with 11 bedrooms & 22 bathrooms.

Schonfeld also owns a $90 million estate in Old Westbury, NY that boasts its own private golf course.

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