Mansion near Mar-a-Lago sells for $10.56M

Mansion near Mar-a-Lago sells for $10.56M

A mansion just south of Mar-a-Lago in Palm Beach sold for $10.56 million, a big gain from its last trade in 2020.

John and Carole Moran sold the 5,508-square-foot home at 100 Regents Park Road to Cedars Palm Beach LLC, managed by Thomas Najeeb , a neurosurgeon in River Ridge, Louisiana. The price equated to $1,917 per square foot.

Lawrence Moens of Lawrence A. Moens Associates was the listing agent. Vittorio P. Faricelli of Illustrated Properties represented the buyer.

It last traded for $7.79 million in March 2020, so it had a nice gain in valid amid the flurry of luxury home sales in wealthy Palm Beach.

Built on the half-care lot in 1959, the home features six bedrooms, six bathrooms, two half-bathrooms, and a pool.

John Moran is a former partner at Dyson-Kissner-Moran Corp., a holding company that did leveraged buyouts. He was previously the chairman of the Republican National Finance Committee.

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South Florida’s Wealthiest ZIP Codes

Ranked by Median household income Rank ZIP Code Median household income 1 33109 $200,577 2 33158 $170,673 3 33149 $151,190 View This List
Ranked by Median household income

Information was obtained from the U.S. Census Bureau’s 2019 American Community Survey. South Florida includes the following metro areas: Miami, Fort Lauderdale, and Palm Beach. 5 33332
$139,984 Southwest Ranches 29% $634,900 31%

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