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Payday lender CEO buys Palm Beach house for $26M

James Berwind listed the property for $37.5 in 2019

The Real Deal
by Jordan Pandy

A member of the Berwind family sold his lakefront Palm Beach estate at a big discount off its original listing price in 2019.

Records show James D. Berwind sold the home at 320 Island Road to Jones Lakeland LLC for $26.1 million.

Berwind’s two-story home has five bedrooms, six bathrooms, two half-bathrooms, a gym and a garage with room for five cars, according to the listing. Outside, the home has an infinity pool that overlooks 232 feet of water frontage with views of the Everglades Club golf course.

Condon Cris with Sotheby’s International Realty listed the 7,526-square-foot house, while Suzanne Trapani-Frisbie of Premier Estate Properties brought the buyer.

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