SOLD
Keystone Property Investments Acquires 5 Acre Development Site In Palm Beach For $5.4M
Wellington Private Equestrian Community
Development Site
20,000 SF
20,000 SF
Sold 1 year ago
Summary
Sale
FLORIDA
Development Site
20,000 sqft
The Wellington Private Equestrian Community in Palm Beach has recently sold a development site spanning approximately 5 acres. The transaction took place on May 28, 2021, and the sale was facilitated by Keystone Property Investments, LLC. The buyer acquired the property for a total sale price of $5,373,000.
Summary of Transaction Details:
- Property Type: Development Site
- Sale Price: $5,373,000
- Address: Wellington Private Equestrian Community
- Market: Palm Beach
- Acres: 5
The buyer, Keystone Property Investments, LLC, made this significant purchase in the Palm Beach market. The development site has a building square footage of 20,000, resulting in a price per square foot of $269. The sale of this property showcases the ongoing investment activity in Palm Beach and highlights the potential for future development in the area.
Details
SOLD
IMAGE: Jorge Fajardo
DATE: 05/28/2021
ADDRESS: Wellington Private Equestrian Community
MARKET: Palm Beach
ASSET TYPE: Development Site ~ ACRES: 5
BUYER: Keystone Property Investments, LLC
SALE PRICE: $5,373,000
BSF: 20,000 ~ PPSF: $269View on map
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AddressWellington Private Equestrian Community
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