West Palm Beach Sets New Record with $16.75M Waterfront Mansion Sale

100 Beverly Road, West Palm Beach, FL, 33405, United States - As West Palm Beach continues to draw attention for its luxurious real estate market, a recent sale has set a new benchmark for single-family homes in the area. A stunning waterfront property in the SoSo neighborhood sold for an impressive $16.75 million, a record price that highlights both the desirability of the location and the ongoing evolution of the local housing market. According to Palm Beach Post, this sale closed in May 2025 and showcases how the SoSo area has become more appealing to buyers, particularly since the pandemic.

The sold property at 100 Beverly Road spans 8,000 square feet and boasts eight bedrooms and 10.5 bathrooms, along with luxurious features such as a pool, spa, summer kitchen, an elevator, and even a dock on the Intracoastal Waterway. The previous high for the area was set in 2021 at $15.07 million, making this latest milestone all the more significant. Interestingly, the new owner is John S. Paulson, hailing from Alys Beach, Florida, and not to be confused with the billionaire hedge fund manager.

The SoSo Neighborhood: A Hidden Gem

Beyond the numbers, what makes the SoSo neighborhood so desirable? Nestled near downtown and close to Palm Beach, SoSo offers the perfect blend of lively city life and suburban quietude. Residents enjoy peaceful streets flanked by beautiful homes and easy access to scenic walks along Flagler Drive, which runs parallel to the Intracoastal Waterway, as noted by SoSo West Palm.

The community is rich with amenities, including the nearby Palm Beach beaches, restaurants, and attractions like the Palm Beach Zoo. The unique charm of SoSo lies in its varied property options, ranging from historic homes to modern architectural masterpieces, appealing to a range of tastes and lifestyles.

Despite broader economic uncertainties and a housing market showing signs of slowdown, SoSo remains resilient. The recent sale at Beverly Road, together with three newly built non-waterfront homes on Summa Street, which sold for between $7.43 million and $8.45 million, demonstrates a healthy appetite for high-end properties. Even prior to this record-breaking sale, the area was on the rise, evidenced by the popularity of its modern homes with waterfront access.

Market Trends and Community Appeal

While the new price tag of $16.75 million is noteworthy, it’s important to remember that West Palm Beach has seen even higher sales—like the $21 million home sold in 2023 at 3140 Washington Road. Yet, the consistency of sales around the $16 million mark, particularly for homes with direct waterfront access, showcases a strong market presence, according to The Palm Beach Group.

As the SoSo neighborhood shines like a diamond in West Palm Beach’s real estate market, potential buyers are encouraged to explore their options. With homes that cater to diverse interests—from those who love nature to food lovers and nightlife enthusiasts—there’s something special about this area that attracts both locals and newcomers alike. So, whether you’re in the market for a lavish waterfront estate or a cozy family home, SoSo offers a variety worth considering.