Megyn And William Lansing Purchase Oceanfront Condo In Palm Beach From Lucy Elizabeth Donahue For $12.5M

A condo located at 2 North Breakers Row Unit N-42 in Palm Beach was sold for $12.5 million. The property spans 3,020 square feet and features a poolside cabana, situated in a market known for its oceanfront properties. The price per square foot for this transaction was $4,139.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $12,500,000
• Address: 2 North Breakers Row Unit N-42
• Market: Palm Beach
• Square Footage: 3,020
• Price Per Square Foot: $4,139
• Buyer: Megyn Lansing; William Lansing
• Seller: Lucy Elizabeth Donahue
• Buyer's Representative: Suzanne Frisbie - The Corcoran Group
• Seller's Representative: Kevin Condon - Sotheby's International Realty

William Lansing, CEO of FICO, and his wife, Megyn Lansing, completed the purchase of the condo through Ross Peak Capital LLC. This transaction follows the previous sale of the property, which occurred in 2021 for $13.75 million, indicating a decrease in price linked to increasing maintenance costs for older Florida condos. The deal was facilitated by brokers Suzanne Frisbie and Kevin Condon.