323 Chilean LLC Purchases Single Family Home From Richard C. True For $19.5M In Palm Beach

The property asset involved in this transaction is a single-family home located at 323 Chilian Avenue in Palm Beach. The sale price was $19,500,000, with a total square footage of 5,200 and a price per square foot of $3,750.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $19,500,000
• Address: 323 Chilian Avenue
• Market: Palm Beach
• Buyer: 323 Chilean LLC
• Seller: Richard C. True
• Buyer's Representative: John Cregan & Lisa Cregan - Sotheby's International Realty
• Seller's Representative: Richard C. True - Corcoran Group
• Square Footage: 5,200
• Price per Square Foot: $3,750

In this transaction, Richard C. True sold the extensively renovated 1920s landmarked house and acted as his own agent under the Corcoran Group. The buyer, a Delaware-based LLC tied to Alley, Maass, Rogers & Lindsay law firm, was represented by Lisa and John Cregan of Sotheby’s International Realty.