Philip And Alyssa Bonadonna Purchase Waterfront Mansion In Boca Raton For $16.5M With David Roberts As The Broker

A single-family asset located at 311 East Key Palm Road, Boca Raton, was sold for $16,500,000. The property encompasses 9,192 square feet and sits on 0.45 acres within the Royal Palm Yacht & Country Club market.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $16,500,000
• Address: 311 East Key Palm Road
• Market: Boca Raton
• Square Footage: 9,192
• Price per Square Foot: $1,795
• Buyer: Philip & Alyssa Bonadonna
• Seller: Derek M. Ettinger
• Broker: David Roberts - Royal Palm Properties
• Seller Financing: $6,000,000
• Second Mortgage: $495,000

Philip and Alyssa Bonadonna acquired the property from the trust of Derek M. Ettinger. The transaction was facilitated by broker David Roberts of Royal Palm Properties, who played a key role in the sale process.