Robert Sheft Purchases Palm Beach Home For $16.93M With Spencer Schlager As Buyer's Rep
142 Casa Bendita
$16,931,600
$2,607/SF
Building Size
6,493 SF
Asset Type
Single Family
Closing
Dec 15, 2025
AI
The property involved in this transaction is a single-family home located at 142 Casa Bendita in Palm Beach. This Regency-style residence spans 6,493 square feet and is situated on a 0.6-acre ocean-block lot that includes deeded beach access. The property was sold for $16,931,600.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $16,931,600
- Address: 142 Casa Bendita
- Market: Palm Beach
- Square Footage: 6,493 SF
- Price per Square Foot: $2,608
- Buyer's Name: Robert Sheft
- Buyer's Representative: Spencer Schlager - Douglas Elliman
- Seller's Representative: Christian Angle (angle_real_estate) - Christian Angle Real Estate
Atlanta businessman Robert Sheft acquired this property from the estate of the late Bernard S. Gewirz, who had purchased it for $4.26 million in 2001. The property was initially listed at $22 million by Christian Angle, who represented the seller, with Spencer Schlager representing the buyer in this transaction.
Players
Palm Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.94%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93