Brian Flynn's Trust Sells Palm Beach Single Family Home At 216 Sandpiper Drive For $12.5M

The single-family home at 216 Sandpiper Drive in Palm Beach is currently under contract with a price of $12,500,000. This property spans 4,959 square feet, resulting in a price per square foot of $2,521. It is noted that the asset is situated in a competitive market in Palm Beach, FL.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $12,500,000
• Address: 216 Sandpiper Drive
• Market: Palm Beach, FL
• Square Footage: 4,959
• Price per Square Foot: $2,521
• Seller: Brian Flynn
• Brokers: Jeff Cloninger & Ellison Dobbs - Sotheby’s International Realty

The seller, a trust managed by Brian Flynn, acquired the property for $11,800,000, indicating a potential gain of approximately $700,000 prior to transaction costs based on the current asking price. The transaction marks the highest-priced residential deal signed in Palm Beach County for the week of June 29 to July 5.