A company tied to billionaire William E. Ford , the CEO of private equity firm General Atlantic, sold a recently renovated mansion in Palm Beach for $32.65 million.
North Fifth LLC, managed by Jamie H. Klein in New York, sold the 11,025-square-foot home at 110 Clarendon Ave. to the 110 Clarendon Revocable Trust, with Palm Beach attorney Louis L. Hamby III as trustee. It’s not clear who owns the trust. Klein is the CEO of North Fifth Services, the family wealth office of Ford, and she uses the same New York address on the deed as General Atlantic’s headquarters.
Sonja Stevens of Sotheby’s International Realty represented the seller in the deal. The price equated to $2,961 a square foot.
The home last traded for $10.43 million in 2020. Since then, Palm Beach-based Greg Guiliano Construction completed significant renovations, following a design by architect Michael Perry , of Palm Beach, Stevens said.
The home features eight bedrooms, nine bathrooms, three half-bathrooms, a pool, a gym, and a balcony. It has deeded rights to a private beach, which is about 300 feet away.
It was built on the 0.74-acre lot in 1999.
