Renovated Palm Beach condo commands $3.08M

 

Unit 2C3 at 2580 South Ocean Boulevard, Palm Beach

Unit 2C3 at 2580 South Ocean Boulevard, Palm Beach

A renovated condo in the South End neighborhood of Palm Beach sold for $3.08 million.

The price breaks down to $796 per square foot for Unit 2C3 at The Stratford condominium, 2580 South Ocean Boulevard.

Douglas Elliman agent Joan Wenzel, who represented the seller, told the Palm Beach Daily News the actual price was higher because the buyer sold the condo’s furnishings in a separate transaction.

The unit spans 3,867 square feet of living space indoors and on wrap-around balconies. It was

Wenzel had listed Unit 2C3 with an asking price of $3.75 million for approximately six months before the buyer signed a purchase contract in late September.

Louise Wechsler and Raymond H. Wechsler bought the residence. Two agents of The Fite Group, Gary Little and Lynn Warren, represented them in the transaction.

The sellers, John F. and Marta Schaefer, had purchased the condo unit for $1.5 million in 2014 and extensively renovated the property, built in the late 1970s, before they sold it in mid-November. [Palm Beach Daily News]Mike Seemuth

Advertisements
Standard

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s