Beverly Rawlings has sold her oceanfront condominium in Palm Beach for $17.2 million in an off-market transaction, making it one of the most expensive condo sales on the island. The buyer is listed as a Delaware entity named after the address, 102 Gulfstream Road, but their identity remains undisclosed.
Rawlings is the widow of George Rawlings, who founded the Rawlings Group in 1977. His work was instrumental in establishing the subrogation outsourcing industry for health insurance companies. According to a 2018 Associated Press profile, he was described as a “bounty hunter” for health insurers, recovering money paid out by insurers from third parties responsible for losses.
The Rawlings Group operates out of La Grange, Kentucky. Beverly and George Rawlings were also known for founding the Crab Orchard polo team, which won the U.S. Open three times. They have supported Liberty University in Lynchburg, Virginia; George’s father, Dr. John Rawlings, had ties with university founder Dr. Jerry Falwell.
The couple divided their time between their Palm Beach residence and a farm in Oldham County, Kentucky until George’s death in 2023. In 2016 they sold an equestrian estate in Wellington to Frank McCourt for $20 million.
They purchased the Palm Beach condo for $13.9 million in 2016. Built in 2009, it covers 4,900 square feet and features four bedrooms along with four full bathrooms and two half-bathrooms.
Previously listed at $19.5 million before being pulled from Zillow listings in May, this off-market sale now ranks as the third-highest condo sale price recorded on Palm Beach island—behind Robert Kraft’s $23.8 million penthouse purchase in 2022 and Terry Taylor’s $18 million acquisition of a Worth Avenue unit last year.
