This story has been updated with additional information.
A newly-built waterfront home in West Palm Beach within sight of Mar-a-Lago smashed a price record in the flourishing South of Southern Boulevard community with a $16.75 million deal that closed in May.
The sale tops the previous highest price set in 2021 of a recorded $15.07 million for a home in the community nicknamed SoSo, which has experienced a surge in popularity since the pandemic. Part of the community’s allure is its lack of historic designation, which allows for more leeway in demolishing old houses for new construction…