Live Next to Venus Williams in South Florida for $30 Million

A beachfront home on Jupiter Island, Florida, that’s right next door to the home of tennis great Venus Williams has hit the market for $29.95 million.

Built in 1960, the house—which is about 20 miles north of Palm Beach—sits on more than 2.5 acres that’s heavily landscaped for privacy and has about 212 feet of beachfront.

“It’s nearly 3 acres on the ocean, which is very, very difficult to get,” said listing agent Shawn Elliott of Nest Seekers International, who brought the property to the market on Monday. He shares the listing with Stephanie Schwed.

Williams isn’t the only sports phenom in the neighbourhood—down the street, on the Intracoastal side, is Tiger Woods’s sprawling estate that features a golf practice area with three greens and has an estimated market value of more than $60 million, according to PropertyShark.

The seller of the newly listed home bought the property in early 2022 for $16.5 million using a limited liability company, records show. Mansion Global couldn’t identify the seller.

The yellow-painted, Bermuda-style home was designed by architect John Volk, who worked in and around Palm Beach from the 1920s until his death in 1984.

Across its more than 6,300 square feet, the property has six bedrooms and six and a half bathrooms, including an upstairs primary suite with front-to-back views and a ground-floor primary suite, which also has ocean views, Elliott said.

The home surrounds a courtyard pool, which is heated, and there’s a two-bedroom guest house that doubles as a pool house. The property also has a separate apartment for more guest or staff accommodations.

The seller installed new storm shutters, and there are also hurricane windows and a generator that serves the entire house.

From the backyard, the beach is accessible down a private path.

“The beach is beautiful—it’s white sand,” Elliott said. “You’re right on the ocean, it’s pretty special.”

Australia’s housing crisis will not be solved by first-home buyer incentives or tax changes alone, with leading property figures warning governments must tackle supply constraints if affordability is to improve.

Speaking at the Kanebridge Quarterly Property Leadership Summit in Sydney last week, expert project marketing specialist Sam Elbanna, property investor and fund manager Paul Miron and property consultant Karla McNeice said that a lack of housing supply remained the central issue facing the market.

Elbanna, Director of CPM Realty with more than 30 years’ experience in project sales, argued that successive governments had focused too heavily on stimulating demand rather than addressing the barriers preventing new housing from being delivered.

“The misconception is that politicians think the way to solve the housing crisis is to drive demand,” he said.

“The reality is that’s not the way. This is a supply-side problem, and it needs to be solved on the supply side.”

Drawing on his experience in project sales, Elbanna said policies designed to help first-home buyers often had unintended consequences, pointing to previous grants that ultimately flowed through to higher property prices.

Instead, he said developers were facing increasing red tape, approval delays and rising costs, which were discouraging new housing supply.

“In the absence of stock, demand exceeds supply,” he said.

Miron, a Co-Founder and Fund Manager of Msquared Capital, said the housing debate had become overly focused on tax policy while overlooking broader structural issues.

He argued that affordability challenges stemmed from a combination of factors, including planning constraints, supply shortages, migration levels and interest rates.

“No-one can be 100 per cent certain on the real reason for property prices is going up,” he said.

“The reason why property prices are higher is a combination of interest rates, lack of supply, migration, vacancy rates and maybe taxes play a role.”

Miron was critical of recent federal housing policy changes, warning they could reduce the number of new homes being built and further constrain supply that was even highlighted in the budget.

He also highlighted the importance of the property sector to the broader economy, noting that residential real estate and related industries employed more than one million Australians.

McNeice, who advises developers on sales strategy and market intelligence, said understanding buyers had become increasingly important as affordability pressures intensified.

While affordability remained a major consideration, she said today’s buyers were focused on value rather than simply price.

“People are looking for value for money,” she said.

She said buyers were increasingly evaluating factors such as transport connections, walkability, nearby amenities and flexible living spaces that could accommodate changing family needs.

“What infrastructure is going on? Can I walk to the shops? Can I meet people at the local cafe?” she said.

The panel also discussed the mounting pressures facing developers, with Elbanna arguing that many projects become financially unviable from the moment a site is purchased.

“The viability of a development happens at the moment the site is bought,” he said.

He said rising construction costs, higher interest rates and overly optimistic feasibility assumptions had left some developers exposed as market conditions changed.

While acknowledging the growing number of smaller and first-time developers entering the market, Elbanna said property development required expertise across finance, construction, marketing and legal disciplines.

“It is actually a business that requires a level of expertise,” he said.

Looking ahead, the panel agreed opportunities remained in the market despite current challenges.

Miron said property should continue to be viewed as a long-term investment and cautioned against trying to time short-term market movements.

McNeice said success would increasingly depend on identifying projects that genuinely met changing buyer expectations.

Elbanna said affordable housing remained achievable, but developers needed to deliver more than just homes.

“We can provide affordable housing in this country,” he said.

“But we’ve got to wrap that affordable housing with the things that people want.”

As Australia’s housing affordability debate intensifies, the panellists agreed on one point: without a meaningful increase in housing supply, demand-side measures alone are unlikely to solve the nation’s property challenges.

Live Next to Venus Williams in South Florida for $30 Million

The beachfront home that neighbours the tennis star’s is also down the street from Tiger Woods’s sprawling estate

Australia’s housing affordability crisis is being fuelled by chronic undersupply, planning delays and rising development costs, as politicians continue to focus on the wrong solutions.