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Bruce Springsteen’s E Street Band drummer sells 33k-sq-ft Palm Beach land for $13m

Max and Rebecca Weinberg have successfully sold two stunning waterfront lots in Ocean Ridge for an impressive $13 million. These adjoining plots encompass more than 33,000 square feet, boasting extensive frontage along the Intracoastal Waterway. The properties were sold swiftly and discreetly to a buyer who remains unidentified. This transaction underscores the robust appetite for expansive…

Bruce Springsteen’s E Street Band drummer sells 33k-sq-ft Palm Beach land for $13m

Drummer Max Weinberg and his wife Rebecca Weinberg have recently sold their waterfront property in Ocean Ridge, Florida, for a total of $13 million. The property, which spans over 33,000 square feet and includes two adjoining lots, boasts a deep-water dock, a newly rebuilt seawall, and access to the Atlantic Ocean via the Boynton Inlet.

The Weinbergs chose not to publicize the sale, and the buyer managed to secure the property within days of discovery. Real estate agents Nick Malinosky and Michael O’Connor represented both sides of the transaction. This sale reflects the high demand for such large, contiguous waterfront properties in Palm Beach County, where the average asking price for similar land is over $10.8 million.

Ocean Ridge and surrounding areas have attracted notable residents, including Oracle co-founder Larry Ellison, WeatherTech founder David MacNeil, Fox News host Sean Hannity, and motivational speaker Tony Robbins. The scarcity of such properties has driven up the value of waterfront land due to the increased costs and requirements associated with custom-built homes on these sites.

The Weinbergs, active in real estate for decades, continue to navigate the market as Weinberg serves on the Planning and Zoning Board in Delray Beach.

Written by urgent.news from Times of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at timesofindia.indiatimes.com →

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