The property involved in the transaction is a single-family estate located at 1460 North Lake Way in Palm Beach, comprising approximately 0.7 acres and featuring 9,900 square feet of living space. The estate was sold for $72 million, with a price per square foot of $7,273.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $72,000,000
• Address: 1460 North Lake Way
• Market: Palm Beach
• Square Footage: 9,900
• Price per Square Foot: $7,273
• Seller: Pamela Starret
• Brokers: Gary Pohrer - Serhant; Margit Brandt - Premier Estate Properties
• Acres: 0.7

British investor Pamela W. Starret, who purchased the property for $21.4 million in 2018, completed extensive renovations totalling $25 million prior to the sale. In this transaction, Gary Pohrer of Serhant represented the seller, while Margit Brandt of Premier Estate Properties represented the buyer, marking this estate as one of the first $50M+ trophy home sales in Palm Beach during the year in a busy luxury market.