William A. Cafaro And Anthony Cafaro, Jr. Buy Waterfront Estate In Delray Beach For $50.5M

A newly built single-family estate located at 16171 Quiet Vista Circle in Delray Beach was sold for a recorded price of $50,500,000. The property spans 20,723 square feet and sits on 2.51 acres. It features seven bedrooms and includes high-end finishes, a car gallery, a pool, and a sports court.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $50,500,000
• Address: 16171 Quiet Vista Circle
• Market: Delray Beach
• Square Footage: 20,723
• Price per Square Foot: $2,437
• Seller: Aldo Stark - Prestige Design Homes
• Buyer: William A. Cafaro & Anthony Cafaro, Jr. - Cafaro
• Broker: Senada Adzem - Douglas Elliman

The transaction involved members of the Cafaro real estate development family, who purchased the estate, with a portion of the total costs covering furniture and personal property. Aldo Stark, the developer of the estate, sold the property after it was on the market for 47 days.