Dallas-Based Businessman Acquires Palm Beach Townhouse For $13.86M

A Palm Beach townhouse located at 218 Brazilian Avenue has been sold for $13.86 million. The property, a single-family duplex, offers upscale amenities and spans a total of 4,739 square feet. The sale price reflects a per square foot value of $2,925.

Summary of transaction details

• Property Type: Single Family
• Transaction Amount: $13,860,000
• Address: 218 Brazilian Avenue
• Market: Palm Beach

The buyers of the property are Stephanie and Bennie M. Bray, a couple based in Dallas. They acquired the townhouse through a trust linked to their names. On the other hand, the seller is Wendy D. Tirollo, a technology executive. Wendy had initially purchased the property for an undisclosed higher price but decided to list it for sale after a short period of ownership.

Facilitating the transaction was Tom Shaw of Sotheby's International Realty, who represented both the buyer and the seller.