Capricorn Properties LLC Acquires Oceanfront Condo In Palm Beach For $10.125M

The oceanfront condo at 2 N. Breakers Row in Palm Beach has been sold for $10.125 million to Capricorn Properties LLC. The two-bedroom unit, previously owned by the late Charlotte M. “Chris” Marden, was acquired in a 2012 condo swap and has a square footage of 2,789. The sale price of $10.125 million translates to a price per square foot of $3,630. Located in one of Palm Beach's most prestigious buildings, this transaction further solidifies its reputation for housing some of the area's most valuable condominiums.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $10,125,000
• Square Footage: 2,789
• Price Per Square Foot: $3,630
• Address: 2 North Breakers Row Unit N-43
• Market: Palm Beach

Capricorn Properties LLC was the buyer in this transaction, represented by Christian Angle from Christian Angle Real Estate. Lawrence Moens from Lawrence A. Moens Associates, Inc. acted as the seller's representative. The sale of this condo underscores the preservation of buyer privacy, as Capricorn Properties LLC is protected under Delaware's laws. The transaction, brokered by Lawrence Moens, further highlights the desirability and high value associated with real estate in Palm Beach.