Billionaire Oracle co-founder Larry Ellison is planning to bid farewell to his sprawling waterfront property in Florida, with hopes to fetch $165 million.Ellison snapped up the palatial pad back in 2021 for $80 million with the intention of tearing it down. However, over a year later, he tested the market with an ask of $145 million for his property in Seminole Beach Estate. Now, the tech tycoon, 82, is trying his luck once again, with listing agents James Kenny and Paul Kaneb of K2 Realty telling the Wall Street Journal that the property will soon hit the market for $165 million. Ellison’s property is the third-largest oceanfront parcel in Palm Beach County. It sits in a gated community with 24/7 security.Loading...Billionaire Oracle co-founder Larry Ellison is planning to bid farewell to his sprawling waterfront property in Florida, with hopes to fetch $165 million.Google MapsAt 8.4 acres acres, the parcel is one of only a handful of properties in the state that can accommodate a private helipad. The property comes with 520 feet of ocean frontage.The news that Ellison plans to sell the property comes as the billionaire expands his touch on the Manalapan area, which is situated so...
Larry Ellison To List Lavish Oceanfront Florida Property for $165 Million
4 weeks ago
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