A single-family property in Palm Beach was recently sold for a transaction value of $30,700,000. The property, measuring 8,981 square feet, was acquired by Jason Capello of Merchant Gate Capital from sellers George P. Taylor and Nedim Soylemez. The sale price per square foot was $3,418, indicating the premium nature of the property.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $30,700,000
• Market: Palm Beach

Jason Capello, representing Merchant Gate Capital, acted as the buyer in this transaction. The sellers, George P. Taylor and Nedim Soylemez, were represented by Chris Deitz from William Raveis Real Estate. Paulette Koch from The Corcoran Group served as the buyer's representative, providing valuable support throughout the deal.