La Querida

The property located at 1095 N. Ocean Blvd., Palm Beach, FL 33480 is one of the most historically significant and high-value oceanfront estates in the United States. Known historically as "La Querida" ("the dear one"), this landmark estate is most famous for serving as the "Winter White House" during the presidency of John F. Kennedy. Property Overview & Features Architectural Heritage: Built in 1923 in the classic Mediterranean Revival style by the legendary South Florida architect Addison Mizner. Dimensions: Spans over 11,334 square feet of interior livable area situated on a 1.05-acre prime oceanfront lot. Interior Layout: Features 11 bedrooms, 12 bathrooms, and multiple half-baths spread across a multi-building residential layout. Premium Amenities: Includes an ocean-facing swimming pool, a tennis court, a finished basement, and a detached garage, along with pristine direct oceanfront views. Historical & Market Significance The Kennedy Legacy: Purchased by Joseph P. Kennedy Sr. in 1933, it served as the winter retreat for the Kennedy family for over 60 years. President John F. Kennedy frequently visited to rest, hold press conferences, and even draft his landmark 1961 Inaugural Address on the grounds. Transaction Milestones: 1995: The Kennedy family sold the property for approximately $4.9 million to investment banker John K. Castle, who meticulously restored and modernized the estate. 2015: Sold to real estate investor Jane Goldman for $31 million. 2020: Acquired by real estate developer Carl Panattoni for $70 million. Current Valuation: Current market algorithmic estimates place the baseline valuation of the property at approximately $92.9 million, reflective of the compounding premium on ultra-luxury Palm Beach real estate and its irreplaceable historical provenance. RWA Structuring Note: Given its deep historical footprint, architectural provenance, and high-tier institutional asset class profile in Palm Beach, this asset carries exceptional premium characteristics for on-chain tokenization, particularly regarding collateralization weight and historical asset tiering.