The property involved in the transaction is a vacant oceanfront lot located at 108 El Mirasol in Palm Beach. The asset was sold for $85 million in a private transaction. The seller, Anand Khubani, CEO of Ideavillage, sold the property to a Delaware entity. Dana Koch from The Corcoran Group represented the buyer, while Lawrence Moens from Lawrence A. Moens Associates represented the seller.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $85,000,000
• Address: 108 El Mirasol
• Market: Palm Beach
• Seller: Anand Khubani - Ideavillage
• Buyer's Rep: Dana Koch - The Corcoran Group
• Seller's Rep: Lawrence Moens - Lawrence A. Moens Associates

Anand Khubani, the seller of the vacant oceanfront lot, is the CEO of Ideavillage. Dana Koch, representing The Corcoran Group, facilitated the purchase on behalf of the buyer. The seller, Anand Khubani, was represented by Lawrence Moens from Lawrence A. Moens Associates in the transaction.