The property asset involved in this transaction is a single-family home located at 1742 South Ocean Boulevard in Palm Beach. The property encompasses an area of 0.62 acres and features a total square footage of 8,170. The sale price for the property was $38,750,000, translating to a price per square foot of $4,743.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $38,750,000
• Address: 1742 South Ocean Boulevard
• Market: Palm Beach
• Acres: 0.62
• Square Footage: 8,170
• Price per Square Foot: $4,743
• Seller: Anthony Lomangino
• Buyer's Representative: Suzanne Frisbie - The Corcoran Group
• Seller's Representative: Christian Angle - Christian Angle Real Estate

In this transaction, Anthony Lomangino sold the oceanfront mansion to a trust managed by attorney David Klein, with the actual buyer remaining undisclosed. Lomangino, recognized as a waste management executive and GOP donor, purchased the property for $10 million in 2020 and completed the estate in 2024 with six bedrooms.