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1309 South Flagler Drive

Benjamin Duell Purchases 9200 Square Foot Condo In West Palm Beach For $28.3 Million
SOLDCondo

Benjamin Duell Purchases 9200 Square Foot Condo In West Palm Beach For $28.3 Million

1309 South Flagler Drive

$28,300,000

$3,076/SF

Building Size

9,200 SF

Asset Type

Condo

Closing

Oct 1, 2025

AI

A condo located at 1309 South Flagler Drive Unit 2401 in West Palm Beach was sold for $28,300,000. This property features a total area of 9,200 square feet, resulting in a price per square foot of $3,076.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $28,300,000
  • Buyer: Benjamin Duell
  • Seller: Reid J. Boren & Taylor Collins - Two Roads Development; Marius Fortelni & Scott Maslin - Alpha Blue Ventures
  • Broker: Christian Angle - Christian Angle Real Estate
  • Market: West Palm Beach

Benjamin Duell, a managing director at Goldman Sachs, acquired the penthouse known as Forté on Flagler, which is part of a 25-story, 40-unit tower developed by the sellers, who are associates of Two Roads Development and Alpha Blue Ventures.

Players

Christian Angle

Christian Angle Real Estate

Broker

$2.8B

vol

101 deals

Broker

Taylor Collins

Two Roads Development

Seller

$1.9B

vol

8 deals

Seller

West Palm Beach Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.56%

Cash-on-Cash

-0.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93