Straddling both sides of the street and incorporating an elaborate guest house, it was acquired by the Peltz family between 1987 and 1988 in separate deals totalling more than $21 million (£15.6 million). Looks-wise, it’s pure Palm Beach with a crisp white exterior punctuated by grand pillars, vibrant turquoise shutters and ornate architecture; a sweeping driveway peppered with towering palms; and a grand hallway featuring dazzling chandeliers, priceless artworks and objets d’art. A swimming pool, naturally, plus basketball and tennis courts complete the compound.