Mar-a-Lago neighboring mansion undergoing a massive renovation eyes $40 million sale

The crown jewel of Palm Beach’s ritzy Regents Park enclave, the stately mansion at 500 Regents Park is getting ready for its next act.

The imposing residence is in the process of a massive renovation — scheduled for completion by Labor Day 2024 — and shopping around for potential new owners.

Local jazz musician and radio personality Bob Merrill is selling the Regency architecture-style home, with a price set at $40,000,000.

Off-White Arrow

500 Regents Hall in Palm Beach, Florida

Located in the Estate Section of Palm Beach, Florida, an ultra-exclusive neighborhood 

known for its opulent mansions, oversized lots, sky-high hedges, and prime oceanfront location, the historic Regents Hall comes with extra bragging rights.

The future buyers will be neighbors to former president Donald Trump, hedge fund manager Ken Griffin, and classic popstar Rod Stewart, among others.

Off-White Arrow

Originally built in 1959,

the residence was part of Regents Park — a grouping of 5 homes within the community. Of the 5 homes, Regents Park sits closest to the water, per Palm Beach Post.

Space is aplenty at Regents Hall. The 1-story home boasts 6 bedrooms, 5 full baths, and 2 half-baths. The house has 7,822 sq. ft. and is located at a highly sought-after waterfront location.

The Mar-a-Lago neighboring mansion is currently in the stage where the buyer could potentially make many renovation choices themselves.

The buyer could restore the home to its original grandeur or create something entirely new to suit their tastes. 

Renderings provided to us by the property’s sales team show the wide range of possibilities, as pictured below:

Swipe up to read more about the Mar-a-Lago neighboring mansion known as Regents Hall - before a buyer takes it off the market.              -->    SWIPE UP    <--

White Frame Corner

Photo credit: Waterfront Properties / Procore