Nicholas Malinosky and Randy Ely of Douglas Elliman just set another record in the South Florida coastal market. According to TheRealDeal.com, the waterfront estate located at 1200 North Ocean Boulevard in Gulf Stream, Florida just sold for $16.5M setting a record for a non-oceanfront residential sale. Known as Lemon Hill, Marion Sims Wyeth originally designed the compound in 1939. Wyeth is also credited with designing the exquisite Mar-a-Lago Club in Palm Beach, Florida. Check out the details of the record-breaking deal. Photo Credit: Daniel Petroni Photography
