The widow of former pharmaceutical executive Mel Goodes has secured a buyer for her Palm Beach residence, which was listed at $21.5 million after spending seven months on the market.
This transaction is part of a notable increase in luxury home contracts in Palm Beach County during the week of October 20 to October 26. According to a report from Douglas Elliman’s Eklund-Gomes team, buyers signed 19 contracts for luxury properties during that period, totaling $126.4 million in asking price volume and averaging 134 days on the market. The previous week saw 11 contracts signed with a combined asking price volume of $67.4 million.
The report monitors signed contracts for single-family homes and condominiums listed at $3 million or more through the Beaches MLS system. It noted 58 new listings and reported a total of 1,110 active listings in the market.
Of the properties that went under contract last week, there were 15 single-family homes and four condos. Condominiums had an average asking price of $3.9 million—about $1,119 per square foot—and spent an average of 170 days on the market. Single-family homes averaged an asking price of $7.4 million, or approximately $1,612 per square foot, with an average market time of 99 days.
The most expensive property to go under contract was located at 231 Via Las Brisas in Palm Beach—a 5,400-square-foot house listed at $21.5 million. The seller is Nancy Goodes, widow of Mel Goodes who previously led Warner-Lambert, known for creating Lipitor before being acquired by Pfizer for $90 billion in 2000. Mel Goodes died last year.
Nancy and Mel Goodes purchased the Via Las Brisas property for $2.9 million in 2014. Built on half an acre in 1999, it features four bedrooms, four bathrooms, one half-bathroom and a pool. The home was listed for sale this March by Dana and Paulette Koch with the Corcoran Group.
Another significant transaction involved a mansion at 336 East Key Palm Road in Boca Raton’s Royal Palm Yacht & Country Club community—known recently as a rental location for football player Travis Kelce—which found a buyer while listed at $17.5 million. Bob and Kristine Edwards are selling this property; they acquired it for $8.8 million in 2014. Bob Edwards is head of e5 Pharma based in Boca Raton.
Built in 2014 on .6 acres, the Boca Raton mansion includes six bedrooms, seven bathrooms, two half-bathrooms along with amenities such as a wine room, club room, pool, dock and waterfront access spanning 220 feet. David Roberts with Royal Palm Properties holds this listing; it also came to market this March.
