Rosie O’Donnell is switching up her real estate portfolio once more. The former talk show host recently sold her waterfront estate in West Palm Beach, Florida, for $5 million—10 percent below her initial $5.5 million asking price, and only slightly more than the $4.975 million she paid for the property back in July 2015. The 5,700-square-foot home features five bedrooms and 6.5 bathrooms (with a separate one-bed, one-bath guesthouse nearby), spanning two floors and with access to the Intracoastal Waterway. The home doesn’t correspond to any particular architectural style, but does boast an impressive amount of light and space, including a nearly 30-feet-long living room with a reclaimed brick fireplace and an entire wall of windows and French doors that open out to the waterside backyard, which features a 40-foot-long deep swimming pool.
Realtors in West Palm Beach Florida are up beat about the prospects as far valuations are concerned as 2018 gets going.
There are a number of reasons for this – besides the undoubted lifestyle benefits of living in this sought after area. The first of these is the ascending value of the U.S. dollar when compared to other currencies. The strong dollar has led to a slight decline in interest from buyers in places like Canada – but there are other pockets of investors who are still tremendously interested in investment properties in West Palm Beach.