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Karen & Paul Levy Acquire Development Site In Palm Beach For $10.8M

233 Tangier Avenue, 225 Tangier Avenue
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This Development Site property located in FL was sold for $10,820,000 almost 4 years ago. The broker of the deal was Christian Angle

A development site in Palm Beach has been sold for $10,820,000. Located at 233 Tangier Avenue and 225 Tangier Avenue, the property spans a total of 34,848 square feet. The price per square foot for the site is $310, according to the transaction details.

Summary of transaction details

  • Property Type: Development site
  • Transaction Amount: $10,820,000
  • BSF: 34,848 square feet
  • PPBSF: $310

The buyers of the development site are Karen and Paul Levy, who were represented by JLL. The sellers of the property are Houston Financial Investments LLC and ILLKM PB LLC, with Jeff Weiner involved in the deal. Christian Angle acted as the broker for the transaction.

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Deals
  • Location
    225 Tangier Ave, Palm Beach, FL 33480, USA225 Tangier Ave, Palm Beach, FL 33480, USA
  • Sale Price
    $10,820,000$10,820,000
    $31 PPSF$31 PPSF
  • Area
    348,480 SF348,480 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Christian Angle

Christian Angle

Deals62
Sold$1.4B

Agency

Christian Angle Real Estate

Christian Angle Real Estate

Agency
Deals61
Volume$1.4B

Deal Summary

SALE IMAGE: Christian Angle, Jeff Weiner & Paul Levy DATE: 06/09/2020 ADDRESS: 233 Tangier Avenue, 225 Tangier Avenue MARKET: Palm Beach ASSET TYPE: Development site PRICE: $10,820,000 BSF: 34,848 PPBSF: $310 BUYER: Karen & Paul Levy – JLL SELLER: Houston Financial Investments LLC, ILLKM PB LLC – Jeff Weiner BROKERS: Christian Angle

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233 Tangier Avenue, 225 Tangier Avenue

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