A billionaire sold three parcels of oceanfront property, including Jimmy Buffett's former home.
Margaritaville mogul, Jimmy Buffett sold his former Palm Beach estate on Ocean Boulevard to billionaire neighbor, Jon Stryker in 2010. Stryker then combined the property with his own and a next door vacant lot and then sold the three parcels for a whopping $42.9 million in 2014. According to the Palm Beach Daily News, buyer and businessman, Peter Wood, plans to tear down Buffett's former home and build a new house.
By Kara Franker
1 of 20