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Winifred Johnson Marquart Of Southern Mark LLC Acquires Villa Banyan In Palm Beach For $30M

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SOLD
$30,000,000

Florida

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Single Family9,634 SF
Sold 10/03/2025
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Property Image
SOLD

Winifred Johnson Marquart Of Southern Mark LLC Acquires Villa Banyan In Palm Beach For $30M

217 Clarke Avenue

See Similar Deals
Single Family9,634 SF
Sold 10/03/2025
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$3,114
Total Square Footage:9,634 SF
Transaction Type:Sale

The property involved in the transaction is located at 217 Clarke Avenue in Palm Beach, featuring a single-family home known as Villa Banyan. The sale price amounted to $30,000,000, and the property encompasses a total square footage of 9,634, resulting in a price per square foot of $3,114.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $30,000,000
  • Address: 217 Clarke Avenue
  • Market: Palm Beach
  • Square Footage: 9,634
  • Price Per Square Foot: $3,114
  • Buyer: Winifred “Winnie” Johnson Marquart - Southern Mark LLC
  • Seller: Deborah Robinson
  • Brokers: J. Richard Allison & Shelly Newman - The Corcoran Group

Winifred “Winnie” Johnson Marquart, an heir to the SC Johnson family, acquired the property from Deborah Robinson, the widow of former RJR Nabisco executive Edward Robinson. The transaction was conducted off-market, with J. Richard Allison representing the seller and Shelly Newman representing the buyer.

Players

Shelly Newman
10 deals$257.8M volume(612) 860-4599
BROKER

J. Richard Allison
The Corcoran Group
1 deal$30M volume(561) 882-9999
BROKER

Details

SOLD
IMAGE: J. Richard Allison & Shelly Newman DATE: 10/03/2025 ADDRESS: 217 Clarke Avenue MARKET: Palm Beach ASSET TYPE: Single Family BUYER: Winifred “Winnie” Johnson Marquart - Southern Mark LLC SELLER: Deborah Robinson BROKERS: J. Richard Allison & Shelly Newman (@Shelly_Newman) - The Corcoran Group (@TheCorcoranGroup) SALE PRICE: $30,000,000 SF: 9,634 ~ PPSF: $3,114 NOTE: An entity tied to billionaire SC Johnson heir Winifred “Winnie” Johnson Marquart bought the landmarked Villa Banyan at 217 Clarke Ave. in Palm Beach for $30 million from Deborah Robinson, widow of former RJR Nabisco executive Edward Robinson. Shelly Newman of Corcoran Group represented the buyer, while J. Richard Allison represented the seller in the off-market transaction.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,600,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$106,583.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$142,215.31
Annual Debt Service$1,706,583.66