Andrew Midler Purchases Waterfront Home From Philip S. Cambo In Palm Beach For $18M
Florida
See Similar DealsAndrew Midler Purchases Waterfront Home From Philip S. Cambo In Palm Beach For $18M
1191 North Ocean Way
See Similar DealsSummary
The single-family asset located at 1191 North Ocean Way in Palm Beach, FL, has a sale price of $18,000,000. The residence offers 6,243 square feet of space and was developed by Philip S. Cambo, who completed the custom-built home in 2013. The property features a four-bedroom layout alongside enhanced outdoor amenities and a pool area.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $18,000,000
- Address: 1191 North Ocean Way
- Market: Palm Beach, FL
- Square Footage: 6,243
- Price Per Square Foot: $2,883
- Buyer: Andrew Midler
- Seller: Philip S. Cambo - Northern Tree Service
- Buyer's Representative: Gary Pohrer - Serhant
- Seller's Representative: Chris Deitz - Compass
This transaction marks a significant exit for developer Philip S. Cambo, who previously acquired the site for $1.125 million in 2011. The buyer, Andrew Midler, engaged with the sale through the representation of Gary Pohrer, while Chris Deitz represented the seller. The deal was conducted off-market to a trust-linked buyer.
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