Jeffrey Epstein’s Palm Beach Home Sells For $18.5 Million: Report

PALM BEACH, FL — Jeffrey Epstein’s former Palm Beach home sold for $18.5 million to developer Todd Michael Glaser for $18.5 million, the Real Deal South Florida reported.

Epstein, a financier and convicted sex offender who purchased the home in 1990, was accused of sexually abusing and facilitating the abuse of dozens of teen girls. The abuse allegedly took place in both his Palm Beach home and his Upper East Side townhouse, reports said. His UES New York home also sold recently for $51 million.

Epstein died in August 2019 in his Metropolitan Correctional Center jail cell while awaiting trial in a sex trafficking case. His death was ruled suicide by hanging, the BBC reported.

Proceeds from the sale of both the New York and Florida homes will be given to Epstein's creditors and victims, reports said.

Glaser plans to demolish the Palm Beach home to make way for new construction, reports said.

The 14,000-square-foot home was built in 1952. It has six bedrooms and seven-and-a-half baths, according to Realtor.com. Features include an elevator, heated pool and waterfront access to the Intracoastal Waterway.