The recently closed transaction in Wellington involved the sale of a single-family property located at 12428 Cypress Island Way. The property sits on 0.7 acres of land in a desirable location. The property was sold for a significant amount and offers spacious living with a total area of 8,845 square feet. The sale price for this impressive property was $9,500,000, resulting in a price per square foot of $1,074.

Summary of transaction details

• Property Type: Single Family
• Transaction Amount: $9,500,000
• Address: 12428 Cypress Island Way, Wellington
• Market: Wellington
• Asset Type: Single Family
• Acres: 0.7

The buyer, Marc Denis Oken of Falfurrias Management Partners, acquired this exceptional property. Representing the buyer's side, Mark Norman from Douglas Elliman played a crucial role in this transaction. On the seller's side, Cypress Equestrian LLC, represented by Maurice Perkins III, concluded the deal. David Welles from Equestrian Sotheby’s International Realty served as the seller's representative. Together, these individuals and companies facilitated the successful sale of the property.