Although Palm Beach, Florida, is well-known for premium real estate, one recent sale drew especially interest. A $27.5 million estate housed in the high-security area close to former President Donald Trump’s Mar-a-Lago Club changed hands. This is all you need to know about this well-publicized deal, including the well-known individuals engaged and the interesting past of the property.
The $27.5 Million Deal
Property documents in January 2025 indicated the sale of a gorgeous mansion close to Mar-a-Lago, 120 Clarendon Avenue. This neighborhood gains a special twist in appeal when Trump resides since it becomes a limited area. Andrew “Andy” Unanue, a private equity guru whose family runs the Goya Foods conglomerate, sold the Mediterranean-style property.
Unanue had acquired the property indirectly in 2021 via a long-term lease, a customary tax strategy. Lawrence Rolnick and Kimberly Sorrentino, the new owners of the estate, are not unfamiliar with the neighborhood. Through Rolnick Family Real Estate LLC, their business, they already share another house nearby.
A Closer Look at the Property
On a large property around three-quarters of an acre, the estate on Clarendon Avenue is Its main home has six bedrooms and a two-bedroom guesthouse. These buildings taken together cover an amazing 12,773 square feet of indoor and outdoor living area.
This house is ideal for luxury living with its large automobile court, verdant grounds, and high elevation. Long swimming pools in the garden divide the main home from the guesthouse. Inside you will find areas perfect for entertainment, including a gym, a formal living room opening to a poolside loggia, and a wood-paneled library.
The Sellers and Buyers
Agents Dana Koch and Paulette Koch, representing the sellers, first posted the house for $36.5 million in November 2023. Price cuts let it sell at $27.5 million. Unanue, the seller, also owns another Palm Beach home at 854 South County Road, bought for more than $63 million in 2023.
Rolnick and Sorrentino, the buyers, are quite active in Palm Beach real estate. Their other residence on Woodbridge Road provides access to a gratis Mar-a-Lago Club membership valued at more than $1 million and views of the Intracoastal Waterway.
The Fascinating History of the Estate
The Clarendon Avenue property has been passed around several times, each transaction adding to its history. Originally developed as a speculative concept by Euro Homes, it was subsequently tailored for private owners. Before the 2021 sale to Unanue, former owners—the Gracianos—made recent renovations.
Real Estate in the Mar-a-Lago Zone
Among several noteworthy transactions in the Mar-a-Lago security zone is this one. Partly because of its uniqueness, real estate in this area has become rather valuable. The neighboring streets are restricted to through traffic while Trump is in residence, therefore providing a degree of solitude.
Other well-known listings in the neighbourhood are a $45 million house under development at 1090 South Ocean Boulevard and a $48.85 million estate at 160 Clarendon Avenue.
What Makes This Area Unique?
The Atlantic Ocean and the Intracoastal Waterway round the Mar-a-Lago area, which makes it a great site for luxury homes. Homes here are highly sought after with extra security and historical value. During Trump’s trips, residents have to negotiate road restrictions; many see this as a nominal cost for living in such a posh neighborhood.
Especially in the Mar-a-Lago security zone, this $27.5 million purchase emphasizes the appeal of Palm Beach’s luxury real estate market. Combining luxury houses, historical appeal, and exclusivity produces a distinctive setting that draws prominent buyers. The appeal of the location only gets more strong as property values keep rising.
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