New North End house sells for nearly $5.5 million
The West Indies-style home stands near N. Ocean Boulevard.
When Malcolm M. McCluskey paid $2.58 million for 1233 N. Ocean Way about two years ago, he did so with expectations of developing a house there on speculation, as he had done with other properties in Palm Beach.
His investment plans were realized this month when he and his wife, Angela, closed a sale — recorded at $5.475 million — for their just completed four-bedroom house. With 5,207 square feet of living space, inside and out, the house entered the market at the tail end of January — and
Completed in February, a fourbedroom house developed on speculation at 1233 N. Ocean Way has sold for $5.475 million.