Oracle co-founder Larry Ellison is putting one of his most spectacular Florida properties back on the market, and this time the asking price is $165 million. Ellison bought the 8.4-acre oceanfront estate in North Palm Beach for $80 million in 2021, meaning the current asking price is more than double what he paid five years ago. The estate is among the largest oceanfront parcels in Palm Beach County, with roughly 562 to 563 feet of direct Atlantic frontage, depending on the source.
The Wall Street Journal first reported the planned relisting, while The Real Deal and Realtor.com provided additional details about the property, its history and the latest listing. The property, known as the Seminole Beach Estate, sits inside the gated Seminole Landing community, next to the Seminole Golf Club. Rather than being a typical luxury-home sale, however, the listing is largely about the extraordinary piece of land itself.
But the home’s size may not be the property’s biggest selling point. The estate offers direct access to the Atlantic and an unusually large stretch of beachfront, making it particularly attractive to a buyer interested in building a custom compound rather than simply moving into the existing house. The parcel also has room for a private helipad, a rare feature even among South Florida’s most expensive estates. It sits within a community with around-the-clock security, adding another layer of privacy to the already secluded oceanfront setting.