Seagate Retreat LLC Acquires Palm Beach Single Family For $15.3M
156 Seagate Road
3,625 SF
Summary
Aviation sales executive Michael McDonald, Jr., and his wife sold their Palm Beach home at 156 Seagate Road for $15,250,700. The property, located in Palm Beach's North End neighborhood, is a single family home with a total square footage of 3,625. It features four bedrooms, four bathrooms, a pool, spa, and deeded access to a beach cabana. The sale price represents a nearly quadruple increase in value from its purchase price of $4.1 million in 2020.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $15,250,700
- Square Footage: 3,625
- Address: 156 Seagate Road
- Market: Palm Beach
Megan McDonald and Michael W. McDonald, represented by Christian Angle Real Estate, were the sellers of the property. The buyers, Seagate Retreat LLC, were represented by Margit Brandt from Premier Estate Properties. This transaction highlights the significant increase in value of the property over a three-year period, demonstrating the strong real estate market in Palm Beach.
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