Brian Grossman Purchases Waterfront Estate From Arthur M. Samuels For $18.25 Million In Jupiter

The property asset involved in this transaction is located at 5900 Pennock Point Road in Jupiter, FL. This waterfront estate spans 6,644 square feet and sits on a 2.54-acre lot. It was sold for a transaction amount of $18.25 million, reflecting a price per square foot of $2,747. The estate was originally purchased for $1.5 million in 1999.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $18,250,000
• Address: 5900 Pennock Point Road
• Market: Jupiter, FL
• Square Feet: 6,644
• Price Per Square Foot: $2,747
• Buyer: Brian Grossman - 5900 Pennock Point Road LLC
• Seller: Arthur M. Samuels & Regina C. Samuels
• Brokers: Scott Diament & Gillian Leiberman - Provident Realty
• Acres: 2.54

Scott Diament and Gillian Leiberman of Provident Realty represented the sellers, Arthur M. Samuels and Regina C. Samuels, in this transaction. The deal highlights the ongoing demand for ultra-luxury waterfront homes in northern Palm Beach County, indicating a continued interest in high-value real estate in the area.