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Richard And Scott Johnson Sell Bermuda-Style Home In Palm Beach For $30 Million

Property Image
SOLD
$30,000,000
Scott Johnson
James (Jim) McCann
+ 2

Florida

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Single Family4,651 SF
Sold 03/12/2026
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Property Image
SOLD

Richard And Scott Johnson Sell Bermuda-Style Home In Palm Beach For $30 Million

751 Island Drive

See Similar Deals
Single Family4,651 SF
Sold 03/12/2026
Scott Johnson
James (Jim) McCann
+ 2
Contact now

Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$6,450
Total Square Footage:4,651 SF
Transaction Type:Sale

The property involved in this transaction is a single-family home located at 751 Island Drive in Palm Beach. It sits on a 0.4-acre lot and encompasses 4,651 square feet. The asset was sold for $30 million, translating to a price per square foot of $6,450.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $30,000,000
  • Address: 751 Island Drive
  • Market: Palm Beach
  • Asset Size: 4,651 SF
  • Price Per Square Foot: $6,450
  • Sellers: Richard & Scott Johnson
  • Buyer's Representative: Christian Angle - Christian Angle Real Estate
  • Sellers' Representatives: Jim McCann & Christopher Hughes Bode - Premier Estate Properties

This transaction highlights the involvement of Richard and Scott Johnson as the sellers, representing their late parents' estate in the sale of the property. The agents from Premier Estate Properties, Jim McCann and Christopher Hughes Bode, facilitated the sale, while Christian Angle from Christian Angle Real Estate represented the buyer in this high-value transaction.

Players

James (Jim) McCann
22 deals$541.1M volume(561) 307-1525
BROKER

Christian Angle
Christian Angle Real Estate
99 deals$2.7B volume(561) 659-6551
BROKER

Christopher Hughes Bode
Premier Estate Properties
2 deals$36.9M volume
BROKER

Christopher Hughes Bode
2 deals$36.9M volume
BROKER

Scott Johnson
7 deals$56M volume
SELLER

Richard Johnson
6 deals$30M volume
SELLER

Details

SOLD
IMAGE: Christopher Hughes Bode, Christian Angle & Jim McCann DATE: 03/12/2026 ADDRESS: 751 Island Drive MARKET: Palm Beach ASSET TYPE: Single Family ~ ACRES: 0.4 SELLER: Richard & Scott Johnson BUYER'S REP: Christian Angle (@Angle_real_estate) - Christian Angle Real Estate SELLER'S REP: Jim McCann (@JimMcCannGroup) & Christopher Hughes Bode - Premier Estate Properties (@PremierEstateProperties) SALE PRICE: $30,000,000 SF: 4,651 ~ PPSF: $6,450 NOTE: Richard and Scott Johnson have listed their late parents’ five-bedroom, 4,651-square-foot Bermuda-style home at 751 Island Drive on Palm Beach’s Everglades Island for $30 million. The waterfront property, featuring Intracoastal views, multiple terraces, a pool, and a dock, is listed with Premier Estate Properties’ Jim McCann and Christopher Hughes Bode.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,600,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$106,583.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$142,215.31
Annual Debt Service$1,706,583.66