Torburn Partners Acquires Single Family Home In Palm Beach For $12M

A single-family home located at 1150 North Ocean Way in Palm Beach was recently sold for $12,000,000. The property spans 4,000 square feet, resulting in a price per square foot of $3,000. The transaction took place on October 12, 2022.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $12,000,000
• Address: 1150 North Ocean Way
• Market: Palm Beach

Torburn Partners, represented by Michael Burns, acquired the property from seller Mary Elizabeth Mettler Veres. The brokerage firms involved in the transaction were Brown Harris Stevens, with Whitney McGurk and Liza Pulitzer representing both the buyer and seller.