South Florida’s top deals: Palm Beach Shores waterfront property trades for $7M, about half list price

by Mary Diduch

🏆 Commercial: Weston logged the priciest commercial sale to hit records in South Florida, with the sale of a two-story office property at 2690 Weston Road for $7.4 million. The seller of the 18,300-square-foot building was Bedner Farm, and the buyer was Loewe Company LLC. The deal breaks down to roughly $400 per square foot. The building last sold 25 years ago, for $3.8 million. 🏆 Residential: The top recorded home was in Palm Beach Shores, where a waterfront home at 206 Lake Drive changed hands for $6.6 million or $3,900 per square foot. The seller was a trust tied […]This article originally appeared on The Real Deal. Click here to read the full story.
Eric Reikenis
Eric Reikenis

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