facebook
Traded Co logo
Submit a Deal

Jeff Norman Acquires Waterfront Property In Boca Raton For $23.5M - Premier Estate Properties Represented

2408 South Maya Palm Drive
PointingArrow
ShareContact

This Single Family property located in FL was sold for $23,500,000 5 months ago. The brokers of the deal were Carmen D’Angelo, Joseph Liguori, and Gerard Liguori

A waterfront single-family property located at 2408 East Maya Palm Drive in Boca Raton, Florida has been sold for $23.5 million. The property spans 0.83 acres and features 5,521 square feet of living space. With a price per square foot of $4,256, the sale price reflects a significant reduction from its original listing price of $41.5 million. The property's prime location offers 260 feet of frontage along the Intracoastal Waterway.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $23,500,000
  • Market: Boca Raton
  • Address: 2408 East Maya Palm Drive
  • Acres: 0.83

The buyer of this property is Jeff Norman, a local builder. Norman plans to demolish the existing house, which was built in 1964, and develop one or two new homes on the expansive one-acre property. The deal was facilitated by Carmen D’Angelo Jr., Joseph Liguori, and Gerard Liguori of Premier Estate Properties, who represented both the buyer and the seller in the transaction.

View Related

Deals
  • Location
    2408 South Maya Palm Drive2408 South Maya Palm Drive
  • Sale Price
    $23,500,000$23,500,000
    $4,256 PPSF$4,256 PPSF
  • Area
    5,521 SF5,521 SF
  • Asset Type
    Single FamilySingle Family
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Carmen D’Angelo

Carmen D’Angelo

Deals10
Sold$186.5M

Agency

Premier Estate Properties

Premier Estate Properties

Agency
Deals94
Volume$1.6B

Social

Deal Summary

SALE IMAGE: Joseph Liguori, Gerard Liguori & Carmen D’Angelo Jr. DATE: 09/29/2023 ADDRESS: 2408 East Maya Palm Drive MARKET: Boca Raton ASSET TYPE: Single Family ~ ACRES: 0.83 BUYER: Jeff Norman BROKERS: Carmen D’Angelo Jr., Joseph Liguori & Gerard Liguori - Premier Estate Properties (@PremierEstateProperties) SALE PRICE: $23,500,000 SF: 5,521 ~ PPSF: $4,256 NOTE: Local builder Jeff Norman has acquired a waterfront home in Boca Raton, Florida, for $23.5 million, down from its original $41.5 million listing price. Norman intends to demolish the existing house, built in 1964, and construct one or two new homes on the one-acre property with 260 feet of Intracoastal Waterway frontage.

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

2408 South Maya Palm Drive

  • Social

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits