One of the most expensive properties in the U.S. Is returning to the real estate market at a $20 million premium just months after it was delisted.
Southern Florida’s Le Palais Royal originally went on sale for $139 million last fall before being removed from the market earlier this year when the owner, Robert Pereira, decided to wait to relist the beachfront mega-mansion when construction was closer to being finished. When the property hits the market again, according to the Wall Street Journal, it will be with an even bigger price tag: $159 million.
Pereira—who runs construction company Middlesex Corp.—modeled the roughly 60,500-square-foot Le Palais Royal after France’s Palace of Versailles, the more than 700,000-square-foot former home of Louis XIV.
According to the Journal, the house also now boasts a variety of fancy new features, including two guesthouses and an underground entertainment complex with an ice-skating rink, go-kart track, a bowling alley, and a nightclub. Construction on the property’s new features is expected to wrap up in two years.
A website for Le Palais Royal offers more details on the house’s amenities, which include an on-site IMAX theater, a 30-car garage, and a 1,300-gallon aquarium.