Robert G. Fessler Sells Oceanfront Estate At 880 South Ocean Boulevard For $31.5M

The property involved in this transaction is a single-family estate located at 880 South Ocean Boulevard in Lantana. The asset encompasses 1.6 acres and boasts a total square footage of 6,700. It was sold for $31,500,000, translating to a price per square foot of $4,701.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $31,500,000
• Address: 880 South Ocean Boulevard
• Market: Lantana
• Acres: 1.6
• Square Footage: 6,700
• Price per Square Foot: $4,701
• Seller: Robert G. Fessler
• Brokers: Antonio Liguori & Pascal Liguori - Premier Estate Properties

Robert G. Fessler, an aviation executive, sold the oceanfront estate after acquiring it for $5.3 million in 2000. He initially listed the property at $45 million in 2024. Notably, both sides of the transaction were represented by brokers Antonio Liguori and Pascal Liguori from Premier Estate Properties.