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228 Bears Club Drive

Stuart Hankin Sells Single Family Home At 228 Bears Club Drive For $39 Million
SOLDSingle Family

Stuart Hankin Sells Single Family Home At 228 Bears Club Drive For $39 Million

228 Bears Club Drive

$39,000,000

$3,578/SF

Building Size

10,900 SF

Asset Type

Single Family

Closing

Apr 8, 2026

AI

A 10,900-square-foot single-family property located at 228 Bears Club Drive in Jupiter is currently under contract for $39 million. The estate, developed by Stuart Hankin, encompasses one acre and features six bedrooms, eight bathrooms, two half-bathrooms, a theater, a 1,600-bottle wine cellar, and a pool. It has a price per square foot of $3,578 and was completed in 2024.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $39,000,000
  • Address: 228 Bears Club Drive
  • Market: Jupiter
  • Seller: Stuart Hankin
  • Broker: Margit Brandt - Premier Estate Properties
  • Acquired Site Price: $3,400,000
  • Year of Completion: 2024

The transaction highlights key individuals involved, with Margit Brandt representing the seller, Stuart Hankin, in this high-value deal. The sale marks a significant event as it stands as the priciest home in Palm Beach County to secure a buyer last week.

Players

Margit Brandt

Premier Estate Properties

Broker

$1.7B

vol

55 deals

Broker

Jupiter Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.41%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93