Premier Estate Properties Represents Buyer In $25M Palm Beach SFR Transaction

A single-family residence located at 1741 South Ocean Boulevard in Palm Beach has been sold for a total of $25,000,000. The property spans a total of 6,396 square feet, resulting in a price per square foot of $3,909.

Summary of transation details

• Property Type: SFR
• Transaction Amount: $25,000,000
• Address: 1741 South Ocean Boulevard
• Market: Palm Beach

In this transaction, the sellers of the property were Judith and Morty Simpkins. The buyer's representative in the deal was Margit Brandt from Premier Estate Properties, while the seller's representative was Thor Brown from Douglas Elliman.

It is worth noting that the original buyer, Todd Michael Glaser, assigned the contract to a new buyer. The assignment was executed by Laura Pope at Sotheby's Palm Beach.