Greg Mondre Of Silver Lake Sells Palm Beach Oceanfront Home For $39.5M

Located at 1160 North Ocean Boulevard in Palm Beach, this single-family asset spans 6,100 square feet and is situated on 0.8 acres. It features 152 feet of oceanfront and was listed for a transaction amount of $39,500,000.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $39,500,000
• Address: 1160 North Ocean Boulevard
• Market: Palm Beach
• Acres: 0.8
• Square Footage: 6,100
• Price Per Square Foot: $6,475
• Seller: Greg Mondre - Silver Lake
• Broker Representatives: Gary Pohrer - Serhant; Marley Goodman Overman - Illustrated Properties

Greg Mondre, co-CEO of Silver Lake, engaged in this transaction during a holiday week, successfully finding a buyer for the property after acquiring it for $31 million in March and relisting it in September. The brokers involved in this deal are Gary Pohrer from Serhant and Marley Goodman Overman from Illustrated Properties.