Florida LLC Acquires Palm Beach Oceanfront Estate For $30.27M Represented By Island Realty PB
143 East Inlet Drive
$30,267,500
$6,474/SF
Building Size
4,675 SF
Asset Type
Single Family
Closing
Jul 6, 2026
AI
A single-family oceanfront estate located at 143 East Inlet Drive in Palm Beach, FL, has been sold for $30,267,500. The property spans 1.24 acres and features a total square footage of 4,675. It was sold at a price per square foot of $6,474.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $30,267,500
- Address: 143 East Inlet Drive
- Market: Palm Beach, FL
- Acreage: 1.24
- Square Footage: 4,675
- Price per Square Foot: $6,474
The buyer of the property is represented by Island Realty PB, while the seller, Liza Pulitzer and Austin Whitney McGurk, are represented by Brown Harris Stevens. The estate previously belonged to the late German Prince Albrecht zu Oettingen-Spielberg, who acquired it for $1.7 million in 1987. It was marketed as a renovation or redevelopment opportunity following its listing for $32.9 million.
Players
Palm Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.52%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93