Dr. George Snelling Purchases Single Family Home From Fakhry And Hilda Abdelnour For $13M

The transaction involved a single-family home located at 221 Atlantic Avenue in Palm Beach, sold for $13 million. The property encompasses a total area of 4,246 square feet, translating to a price per square foot of $3,062. The home features four bedrooms and is designed in a British Colonial style.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $13,000,000
• Address: 221 Atlantic Avenue
• Market: Palm Beach
• Square Footage: 4,246
• Price per Square Foot: $3,062
• Buyer: Dr. George Snelling
• Seller: Fakhry & Hilda Abdelnour
• Seller's Representative: James Cosel & Jose Dennis Gallo - Sotheby's International Realty
• Broker: Stephen Hall - Compass

Fakhry and Hilda Abdelnour sold their home following travel disruptions due to the COVID-19 pandemic. The buyer, Dr. George Snelling, intends to undertake minor renovations, specifically converting a library back into a dining room.