facebook
Traded Co logo
Submit
Daily limit: 0/10

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

Property Image
SOLD
$39,500,000

Florida

See Similar Deals
Single Family6,100 SF
Sold 12/03/2025
the dealplayerscompscontact
Property Image
SOLD

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

1160 North Ocean Boulevard

See Similar Deals
Single Family6,100 SF
Sold 12/03/2025
Contact now

Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$6,475
Total Square Footage:6,100 SF
Transaction Type:Sale

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.

Players

Gary Pohrer
41 deals$1.1B volume(561) 262-0856
BROKER

Gary Pohrer
Serhant
41 deals$1.1B volume(561) 262-0856
BROKER

Marley Goodman Overman
Illustrated Properties Real Estate
9 deals$227.5M volume
BROKER

Greg Mondre
Silver Lake
1 deal$39.5M volume
SELLER

Details

SOLD
IMAGE: - UNDER CONTRACT IMAGE: Gary Pohrer, Greg Mondre & Marley Goodman Overman DATE: 12/03/2025 ADDRESS: 1160 North Ocean Boulevard MARKET: Palm Beach ASSET TYPE: Single Family ~ ACRES: 0.8 SELLER: Greg Mondre - Silver Lake BROKERS: Gary Pohrer (@GaryPohrer) - Serhant (@Serhant); Marley Goodman Overman - Illustrated Properties (@IllustratedProperties) PRICE: $39,500,000 SF: 6,100 ~ PPSF: $6,475 NOTE: Billionaire Greg Mondre, co-CEO of Silver Lake, a private equity firm specializing in making technology investments, found a buyer for his oceanfront Palm Beach home at 1160 N. Ocean Blvd., listed for $39.5M during an otherwise slow holiday week. The 6,100-sf teardown sits on 0.8 acres with 152 feet of oceanfront, after Mondre bought it for $31M in March and relisted it in September.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$2,106,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$140,335.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$187,250.15
Annual Debt Service$2,247,001.82