Enfusion CEO Sells Boca Raton Waterfront Estate For Record-Breaking $29M

A Boca Raton waterfront estate located at 5001 Northeast 8th Terrace has been sold for a record-breaking price of $29 million. The property, spanning over 1.1 acres, features a single-family home with a total square footage of 14,848. The sale price translates to approximately $1,953 per square foot, reflecting the escalating luxury real estate prices in South Florida. The transaction took place in the market of Boca Raton.

Summary of transaction details

• Property Type: Single Family
• Transaction Amount: $29,000,000
• Address: 5001 Northeast 8th Terrace
• Market: Boca Raton
• Asset Type: Single Family
• Acres: 1.1

The seller of the property is Beata Vaynberg, with representation from Oleg Movchan, who works at Enfusion. On the buyer's side, Christian Angle from Christian Angle Real Estate acted as the representative. Carmen D’Angelo of Premier Estate Properties facilitated the sale as the seller's representative. It is worth noting that the buyer's entity remains undisclosed, adding a layer of confidentiality to the transaction. This sale surpasses the previous record of $28 million, solidifying the increasing luxury real estate market in South Florida.