A mutual fund adviser credited with redeveloping Rhode Island's waterfront property spends $13.4 million for a Palm Beach house.
January 23, 2014 at 10:00 PM
1 minute read
High-profile investment adviser Charles M. Royce has acquired a five-bedroom, five-bath waterfront house in Palm Beach’s Lake Trail Estates for $13.4 million.
Royce and his wife, Deborah, a Miramax executive and former film and television actress, paid $1,694 per square foot for the 7,910-square-foot house at 10 S. Lake Trail. Their new buy is a two-story estate facing the Intracoastal Waterway. It dates back to 1925 and sits on slightly more than three-quarters of an acre with a pool and spa.
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