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Bristol 2203 Land Trust Acquires Condo At The Bristol Palm Beach For $15.175M

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SOLD
$15,175,000

Massachusetts

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Condo4,986 SF
Sold 09/30/2025
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Property Image
SOLD

Bristol 2203 Land Trust Acquires Condo At The Bristol Palm Beach For $15.175M

1100 South Flagler Drive, Unit 2203

See Similar Deals
Condo4,986 SF
Sold 09/30/2025
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Summary

MASSACHUSETTS
Asset Type:Condo
Price Per Square Foot:$3,043
Total Square Footage:4,986 SF
Transaction Type:Sale

A condo located at 1100 South Flagler Drive Unit 2203 in West Palm Beach has been sold for $15,175,000. The property spans 4,986 square feet and features four bedrooms and 5.5 bathrooms. This unit on the 22nd floor of The Bristol Palm Beach was purchased by the Bristol 2203 Land Trust at a price of $3,044 per square foot.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $15,175,000
  • Address: 1100 South Flagler Drive Unit 2203
  • Market: West Palm Beach
  • Asset Size: 4,986 sq. ft.
  • Price per Square Foot: $3,044
  • Buyer: Bristol 2203 Land Trust
  • Seller: Grandin LLC
  • Buyer's Representative: Thomas Holmes - Illustrated Properties
  • Seller's Representatives: John Cregan & Lisa Cregan - Sotheby's International Realty

The condominium transaction showcases the involvement of multiple parties, with Thomas Holmes representing the buyer and the Cregan duo, John and Lisa, representing the seller. This sale marks a significant event within the luxury property market, highlighting the continued interest in high-value waterfront residences in the area.

Players

Lisa Cregan
8 deals$146.8M volume
BROKER

John Cregan
Sotheby's International Realty
8 deals$124.9M volume
BROKER

Thomas (Tommy) Holmes
Illustrated Properties Real Estate
1 deal$15.2M volume(203) 570-0026
BROKER

Details

SOLD
IMAGE: Lisa Cregan, John Cregan & Thomas Holmes DATE: 09/30/2025 ADDRESS: 1100 South Flagler Drive Unit 2203 MARKET: West Palm Beach ASSET TYPE: Condo BUYER: Bristol 2203 Land Trust SELLER: Grandin LLC BUYER'S REP: Thomas Holmes - Illustrated Properties SELLER'S REP: John Cregan & Lisa Cregan (@Lisa_and_John_palmbeach) - Sotheby's International Realty (@SothebysRealty) SALE PRICE: $15,175,000 SF: 4,986 ~ PPSF: $3,044 NOTE: Grandin LLC sold a 4,986-square-foot condo on the 22nd floor of The Bristol Palm Beach for $15.175 million ($3,044 per square foot) to the Bristol 2203 Land Trust. The four-bedroom, 5.5-bath unit last sold for $12.19 million in 2020, reflecting continued demand for luxury waterfront residences in West Palm Beach.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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