The single-family asset located at 215 El Bravo Way in Palm Beach spans 0.42 acres and has a total square footage of 6,113. It was sold for $17,500,000, equating to a price per square foot of $2,863.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $17,500,000
• Address: 215 El Bravo Way
• Market: Palm Beach
• Buyer: 215 EL Bravo Trust
• Seller: Ann G. Summers, Bliss E. Summers & G. Ellis Summers Jr.
• Broker: Christian Angle - Christian Angle Real Estate
• Lender: Bank of America
• Mortgage Amount: $14,000,000
• Square Footage: 6,113
• Price Per Square Foot: $2,863

The historic mansion was purchased by the 215 EL Bravo Trust, with Maura Ziska serving as trustee. The transaction was facilitated through a mortgage from Bank of America, following the property's landmark designation and its inheritance by the Summers family.