David Martin Of Terra And Isaac Toledano & Liat Toledano Of BH Group Acquire Development Site From Jeff Greene For $100M

The development site located at 2085 North Flagler Drive in West Palm Beach, FL, spans 1.6 acres and is under contract for a price of $100,000,000. The property encompasses a total of 438,300 square feet with a price per square foot of $228.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $100,000,000
• Address: 2085 North Flagler Drive
• Market: West Palm Beach, FL
• Acres: 1.6
• BSF: 438,300
• PPBSF: $228
• Buyer: David Martin - Terra; Isaac Toledano & Liat Toledano - BH Group
• Seller: Jeff Greene

David Martin of Terra and Isaac Toledano & Liat Toledano of BH Group are collaborating to acquire this waterfront property from Jeff Greene. Their development plan includes constructing two 31-story condominium towers featuring 281 units, along with retail space and various amenities that will overlook Currie Park. This project is part of a larger trend of luxury condominium developments underway in West Palm Beach.