PB 130 Limited Partnership Acquires Renovated Palm Beach Property For $13.2M

A renovated house in Palm Beach has been sold for $13.2 million. Located at 233 Miraflores Drive, the property features four bedrooms, a pool, and a two-car garage. This single-family home sits on approximately 0.3 acres of land, offering a spacious and luxurious living space. The extensive renovation undertaken prior to the sale ensures that the house is in pristine condition.

Summary of transaction details

• Property Type: Single Family
• Transaction Amount: $13,200,000
• Address: 233 Miraflores Drive
• Market: Palm Beach
• Asset Type: Single Family
• Acres: 0.3

The buyer, PB 130 Limited Partnership, a Ontario-based entity managed by Keith L. Ray, recognized the value and potential of this property and made the purchase. Representing the buyer in this transaction was Spencer Schlager from Douglas Elliman. On the other hand, Dana Koch and Paulette Koch from The Corcoran Group represented the seller, Lee Fensterstock. This deal shows the continuing popularity of Palm Beach as a thriving real estate market.