Todd Michael Glaser Acquires Mixed-use Building In Palm Beach For $8.5 Million

The mixed-use building located at 255 Royal Poinciana Way in Palm Beach has been sold for $8.5 million. The property encompasses a total of 4,213 square feet and features a two-story layout that includes a ground-floor boutique and four vacant apartments. Future development plans for the site are currently under review by the buyer, Todd Michael Glaser.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $8,500,000
• Address: 255 Royal Poinciana Way
• Market: Palm Beach
• Square Footage: 4,213
• Price Per Square Foot: $2,018
• Buyer: Todd Michael Glaser - Todd Michael Glaser
• Seller: Tommy Morrison & Carlos G. Morrison - Sympatico Real Estate
• Broker: Tony Hollis - Hollis Realty Group

The transaction involved Todd Michael Glaser, who is not only the buyer but also represents himself in this deal, while the sellers, Tommy Morrison and Carlos G. Morrison are associated with Sympatico Real Estate. The brokerage firm facilitating the transaction is led by Tony Hollis under Hollis Realty Group.