EXCLUSIVE: Tucked quietly away from the grandeur of Mar-a-Lago and the bustle of Worth Avenue lie homes worth hundreds of millions of dollars that are now part of a so-called "shadow" underground real estate market in Palm Beach."If somebody were to come to me today and say, ‘Hey, what else is available that's not outwardly seen?’ Within a few blocks of here, there is a house for $175 [million], $52 [million], $97 [million], $17 [million] and then heading up the coast you've got another one for $75 [million], another one over $195 [million], and one for $300 [million]," Gary Pohrer of SERHANT....
Behind closed doors in Palm Beach, a secret 'shadow' market hides $300M mega-mansions
HALO Newsroom
Oct 9, 2026 • 1 hour ago
HALO Observer Insight
An independent HALO consumer takeaway — for costs, wellness, or policy context — will appear here automatically for this story. HALO adds this original editorial insight to every syndicated report before publication.
Contributors
Wayne G Fraser
HALO Contributor
Insurance Broker
Insurance Industry
State
Georgia, North Carolina, South Carolina
NPN
17934945