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Sybil Kuchar Acquires Tequesta Waterfront Estate From Benjamin Aiello For $12.5M

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SOLD
$12,500,000

Florida

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Single Family7,100 SF
Sold 01/11/2024
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SOLD

Sybil Kuchar Acquires Tequesta Waterfront Estate From Benjamin Aiello For $12.5M

11 Dewitt Place

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Single Family7,100 SF
Sold 01/11/2024
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,760
Total Square Footage:7,100 SF
Transaction Type:Sale

The Tequesta waterfront estate located at 11 Dewitt Place, spanning 2.1 acres, was sold for $12,500,000 in a recent transaction. The property boasts a single-family home with 7,100 square feet of living space, equating to a price per square foot of $1,761. The buyers, Matt Kuchar and Sybil Kuchar, acquired the estate from seller Benjamin Aiello of 11 Ben’s Place LLC.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $12,500,000
  • Market: Tequesta
  • SF: 7,100
  • PPSF: $1,761
  • Buyer: Matt Kuchar & Sybil Kuchar
  • Seller: Benjamin Aiello - 11 Ben’s Place LLC

Sybi Kuchar, wife of professional golfer Matt Kuchar, expanded their real estate holdings by purchasing this estate, making it their second property in Palm Beach County alongside a condo at the Bear's Club golf community. The transaction involved notable personalities in both the sports and real estate spheres, solidifying the Kuchars' presence in the luxury property market.

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3 deals$35.4M volume
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Details

SOLD
IMAGE: Matt Kuchar & Sybil Kuchar DATE: 01/11/2024 ADDRESS: 11 Dewitt Place MARKET: Tequesta ASSET TYPE: Single Family ~ ACRES: 2.1 BUYER: Matt Kuchar (@MattKucharGolf) & Sybil Kuchar SELLER: Benjamin Aiello - 11 Ben’s Place LLC SALE PRICE: $12,500,000 SF: 7,100 ~ PPSF: $1,761 NOTE: Sybi Kuchar, wife of golfer Matt Kuchar, purchased a Tequesta waterfront estate for $12.5 million from Benjamin Aiello. The 7,100-square-foot property, previously bought by Aiello for $11 million in April, saw a $1.5 million or nearly 14 percent price increase in nine months, marking Sybi Kuchar's second Palm Beach County home alongside a condo in the Bear's Club golf community.

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