Jeffrey And Christine Hardin Acquire Waterfront Mansion In Boca Raton For $22.12M With First Horizon Bank Financing

A single family waterfront mansion located at 200 West Coconut Palm Road in Boca Raton, FL was sold for $22.12 million. The asset measures 17,020 square feet and sits on 1.04 acres within the Royal Palm Yacht & Country Club market. The price per square foot for this property is $1,300.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $22,120,000
• Buyer: Jeffrey Hardin & Christine Hardin
• Seller: The Novelly Dynasty Trust II
• Lender: First Horizon Bank
• Mortgage Amount: $8,500,000

This transaction involved a trust that benefits Straticon co-CEOs Jeffrey and Christine Hardin, who were the buyers. The property was sold by The Novelly Dynasty Trust II, and financing was arranged through First Horizon Bank, which provided a substantial mortgage to the buyers.