Jake’s Article III Trust Acquires Single Family Home In Palm Beach From Marc Julien And Mark Marcello For $15.75M

A single-family home located at 220 Arabian Road in Palm Beach has been sold for $15.75 million. The property spans 3,998 square feet and sits on a 0.26-acre lot. It features six bedrooms and 6.5 bathrooms, along with a pool that includes a loggia, reflective of rising mid-block home values on the island.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $15,750,000
• Square Footage: 3,998
• Price per Square Foot: $3,939
• Buyer: Jake’s Article III Trust
• Seller: Marc Julien; Mark Marcello - Windsor Private Capital
• Brokers: Stephen Ploof - Hilton Hilton
• Address: 220 Arabian Road
• Market: Palm Beach
• Acres: 0.26

Marc Julien and Mark Marcello, representing Windsor Private Capital, executed the transaction with Jake’s Article III Trust as the buyer. The involvement of Stephen Ploof from Hilton Hilton facilitated the sale process.