Christian Angle Of Christian Angle Real Estate Represents Buyer In $40 Million Sale In Palm Beach

A single-family home located at 608 Island Drive in Palm Beach, FL, was sold for $40 million. The property spans 0.44 acres and has a total square footage of 5,912. The price per square foot was recorded at $6,766.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $40,000,000
• Address: 608 Island Drive
• Market: Palm Beach, FL
• Acres: 0.44
• Square Footage: 5,912
• Price Per Square Foot: $6,766
• Buyer's Representative: Christian Angle - Christian Angle Real Estate
• Seller's Representatives: Carole Koeppel & Brett Koeppel - Sotheby's International Realty

The sale has significantly increased the seller's return, as they purchased the property for $15.5 million in 2019. The furnished home includes five bedrooms, a pool, a hot tub, and a private dock. Notably, luxury home sales in the West Palm Beach metro area increased by 44% year over year in July.