David P. Pfeil Purchases Highland Beach Single Family Home From Robert C. Patek For $15M

The property asset involved in this transaction is a single-family home located at 4217 South Ocean Boulevard in Highland Beach. The property spans 0.42 acres and has a total square footage of 12,261. The sale price of this property was $15,000,000, which equates to a price per square foot of $1,223.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $15,000,000
• Address: 4217 South Ocean Boulevard
• Market: Highland Beach
• Acres: 0.42
• Square Footage: 12,261
• Price Per Square Foot: $1,223
• Buyer: David P. Pfeil
• Seller: Robert C. Patek & Bianca Mercedes Patek
• Buyer's Representative: Michael O’Connor & Nicholas Malinosky - Douglas Elliman
• Seller's Representative: Steve Gerken - Highland Beach Realty

Key individuals in the transaction include David P. Pfeil as the buyer and Robert C. Patek & Bianca Mercedes Patek as the sellers. The buyer was represented by Michael O’Connor and Nicholas Malinosky of Douglas Elliman, while the seller was represented by Steve Gerken from Highland Beach Realty. According to the note, the oceanfront mansion sold was initially built in 1993 and features six bedrooms, a saltwater pool, and a12-car garage.