18-02-2025
Iconic pink building in West Palm Beach to get facelift, and $150 million mansion for sale on Manalapan
Welcome to The Dirt! I'm real estate, weather and critter reporter Kimberly Miller with the latest developments in the sizzling market.
Presidents Day has come and gone and I don't know about you but I spent the long weekend shopping for multi-million-dollar homes in Palm Beach. What? You didn't? That's apparently a perfectly normal thing to do in these parts, and high-end real estate agents were expected to be busy bees all weekend ferrying clients to and fro.
P-Day steals and deals included a $95 million estate next door to Rambo/Rocky/Cobra (or my personal favorite John Spartan) and a $200 million lot with trees and probably a coyote or two. And you thought Presidents Day was for mattress sales. Pshaw.
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In other real estate news, say goodbye to the iconic pink hue of Phillips Point, Boca Raton is going gangbusters with development, and the developer Great Gulf is pitching a new building on North Flagler, which is kind of bad timing considering the whole wallpapergate affair at La Clara. Also, a Manalapan estate's pool is giving off just a tiny bit of a Playboy Mansion vibe.
Whether you love it or hate it, the iconic Phillips Point paint job is going the way of Andie's prom date in "Pretty in Pink," as in, disappearing. The salmon-hued building will get a new exterior of white limestone in an effort to update it to a more modern aesthetic.
The facelift is already underway and is expected to take about 18 months. Phillips Point was built by Murray Goodman in 1985, which was just one year before "Pretty in Pink" debuted and became the best movie ever made. Coincidence? I think not.
The bustling North Flagler corridor has another tall building being pitched, and this time it's by the developer of La Clara condominium. The proposed 97-unit residential building would have direct waterfront access on the Intracoastal Waterway. Neighbors in the Northwood Harbor Historic District aren't thrilled with another tower moving in, especially one that is proposed to be 379-feet tall.
But the as-yet unnamed project is also hitting the scene as La Clara owners complain — meaning file a lawsuit — about promised luxury amenities that they said are more Rooms To Go than Restoration Hardware. Not that there's anything wrong with Rooms to Go! Gotta love that Cindy Crawford collection.
A nearly 3-acre estate in the toniest of tony town of Manalapan is up for sale fully furnished with 306 feet of waterfront and a $150 million price tag. The house, built in 1972, has been extensively renovated, including by the current owner, British hedge-fund manager Christopher C. Rokos. It has modern Balinese-inspired architecture, seven oceanfront bedrooms, three family rooms and a basement club room.
The 60,000-gallon swimming pool has a waterslide and waterfall splashing down from a faux rock mountain. And I just think (clears throat) it harkens back to the days of bunny bodysuits and smoking jackets because I cannot shake the image of the grotto from the Playboy mansion. Sorry. There. I said it.
Live lightly.
Kimberly Miller is a journalist for The Palm Beach Post, part of the USA Today Network of Florida. She covers real estate, weather, and the environment. Subscribe to The Dirt for a weekly real estate roundup. If you have news tips, please send them to kmiller@ Help support our local journalism, subscribe today.
This article originally appeared on Palm Beach Post: Palm Beach County real estate news with Phillips Point, La Clara and Manalapan mansion
