Parc Monceau Limited Acquires Palm Beach SFR From Paul & Leigh A. Gravette For $15M

Located at 124 Parc Monceau in Palm Beach, this single-family residence (SFR) was recently sold in a closed transaction. The property spans across 5,454 square feet and was sold for a total of $15,000,000, resulting in a price per square foot of $2,750. The transaction took place on February 23, 2023. The buyer, Parc Monceau Limited, acquired the property from Paul & Leigh A. Gravette.

Summary of transaction details:

• Property Type: SFR
• Transaction Amount: $15,000,000
• Address: 124 Parc Monceau, Palm Beach
• Market: Palm Beach
• Buyer: Parc Monceau Limited
• Seller: Paul & Leigh A. Gravette

The transaction was facilitated by Samantha Curry and Daniel Ekerold from Douglas Elliman, who represented the buyer and seller, respectively.