Estate sells for $55.15 million on the inlet at the tip of Palm Beach

A house facing the inlet at the northern tip of Palm Beach has found a new owner via a sale recorded at $55.15 million. With wide water vistas, the property offers views of vessels heading to and from the ocean, the Port of Palm Beach and the Intracoastal Waterway.

The house at 1610 N. Ocean Blvd. was sold through the 1610 Land Trust, which is linked in public records to investments specialist Bryan Mattson. The house last changed hands for $25.5 million in October 2019, a year after it was completed.

Consumer-brands executive Gary Paul Smith and his wife, Kalynn Nicole Smith, bought the property, the deed recorded April 7 shows. The Smiths are linked in public records to a house on Angler Avenue in Palm Beach…

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