Meir Teper Of Nobu Hospitality Acquires Waterfront Home In Delray Beach For $20 Million

A single-family waterfront home was sold for $20 million located at 1033 Waterway Lane in Delray Beach, FL. The property encompasses 0.6 acres and features six bedrooms, a private dock, a pool, and a spa, among other high-end amenities. The square footage of the home is 7,800, with a price per square foot of $2,564. The property was listed for $22 million prior to sale.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $20,000,000
• Address: 1033 Waterway Lane
• Market: Delray Beach, FL
• Acres: 0.6
• Square Footage: 7,800
• Price Per Square Foot: $2,564
• Buyer: Meir Teper - Nobu Hospitality
• Seller: Eugene & Judith Reilly
• Buyer's Representative: Antonio Liguori & Pascal Liguori - Premier Estate Properties
• Seller's Representative: Kathleen Hutchison - Hutchison Real Estate Co

Meir Teper, co-founder of Nobu Hospitality, was the buyer in this transaction, acquiring the property from sellers Eugene and Judith Reilly, represented by Kathleen Hutchison of Hutchison Real Estate Co. The deal included representation for the buyer by Antonio Liguori and Pascal Liguori of Premier Estate Properties.