Updated Nov 12, 2026
Margit Brandt Of Premier Estate Properties Represents Buyer In $84 Million Palm Beach Sale
$100,000,000
$17,599/SF
Building Size
5,682 SF
Asset Type
Single Family Residence
Closing
Nov 9, 2026
About this deal
AI
The property sold is a single-family estate located in Palm Beach, comprising a main house of approximately 8,500 square feet and a newly completed guesthouse of about 4,000 square feet, situated on a 0.49-acre lot. The estate features around 110 feet of Intracoastal water frontage with a private dock, providing access to the mega-yacht harbor of Rybovich Marina. The recorded sale price for the transaction was $84 million.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $84,000,000
- Square Footage: 16,625
- Price Per Square Foot: $5,052
- Buyer’s Representative: Margit Brandt - Premier Estate Properties
- Seller’s Representative: Christian Angle - Christian Angle Real Estate
The transaction reflects a notable exchange in the luxury real estate market, with Margit Brandt representing the buyer and Christian Angle representing the seller. It has been reported that the total funds exchanged may have been closer to $100 million, although the recorded price does not encompass furniture, art, or transaction costs.
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.16%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93