Most Expensive Homes Sold EVER! $305 Million and $220 Million… What Recession?

In real estate, news spread like a wild fire when the new Tampa Bay Lightning owner Jeff Vinik paid a (Tampa) record $6 million for his new home on Palma Ceia Golf Course in South Tampa.  What was more amazing was he also bought the home next door for $3.2 million which was almost triple the price the owners paid only 2 years ago.  Well that was nothing compared to the luxury home just sold in Monaco which netted the sellers a profit of $291 million in just 2 years!

Nick and Christian Candy purchased the Monaco luxury penthouse in 2008 from widow Lily Safra for $14 million.   In 1999 famed philanthropist Edmond Safra died in a fire in the penthouse that was started by his nurse in an attempt to stage a rescue to make himself look good to the family.  The new buyer, rumored to be a Sheik, just purchased the property for $305 million, netting the seller’s $291 million in just 2 years!   Now that is a flip!  The penthouse features 17,500 square feet, 30 rooms, a spa, and theater.

The Monaco sale easily eclipses the previous worlds most expensive home sold just 2 months ago in London for $220 million.  Located in London’s prestigious Hyde Park neighborhoord this 2 story penthouse has bullet proof windows as it’s most unique feature.  The Penthouse is part of the high rise development One Hyde Park which has 86 other residences available, if you are more budget conscious, starting at a mere $20 million…