Flex Seal Family Acquires Gulf Stream SFR For $20M

Located in Gulf Stream, the property at 1275 North Ocean Boulevard was recently sold in a closed transaction. The single-family residence spans a total of 8,643 square feet, with a price per square foot of $2,314. The deal, which took place on 08/28/2020, involved a purchase price of $20,000,000.

Summary of transaction details

• Property Type: Single-Family Residence
• Transaction Amount: $20,000,000
• Address: 1275 North Ocean Boulevard
• Market: Gulf Stream
• Square Footage: 8,643

Jeffrey E. Veatch, representing Apex Systems, served as the seller in this transaction. On the other side, the buyer was Phil Swift of the Flex Seal Family. Devin Kay and Nick Malinosky, from Douglas Realty, acted as the seller's representatives.