When a single transaction garners coverage across three of the nation’s most respected real estate publications simultaneously, it speaks volumes — not only about the property itself, but about the caliber of representation behind it.
The waterfront estate at 1610 North Ocean Boulevard in Palm Beach has closed at $55.2 million, a figure that represents a 116 percent appreciation from its previous sale. The Real Deal, Mansion Global, and the South Florida Business Journal each reported on the closing, noting that Margit Brandt of Premier Estate Properties represented the seller in this landmark transaction.
Situated on nearly one acre along Palm Beach’s coveted North End, this 8,100-square-foot residence was constructed by the Palm Beach–based Frisbie Group and features five bedrooms, eight full bathrooms, two half-bathrooms, a resort-caliber pool, private dockage, two guest houses, a dedicated staff kitchen, and a library — a compound of rare distinction on one of the island’s most sought-after stretches of oceanfront.
The sale price of $6,794 per square foot underscores the enduring strength of Palm Beach’s ultra-luxury waterfront market. Demand for turnkey waterfront estates on the island remains robust, with buyers increasingly drawn to the North End’s family-oriented enclave and private beaches.
This is the level of national — and international — exposure that Premier Estate Properties delivers for its esteemed clientele. With a multi-million-dollar marketing investment dedicated exclusively to properties presented in excess of one million dollars, Premier ensures that every listing receives the visibility it deserves across the platforms that matter most to discerning buyers worldwide.
For more than three decades, Premier Estate Properties has served as South Florida’s most trusted authority in luxury real estate. Ranked #1 nationally for highest sales volume per agent and #1 for highest average sales price, Premier’s results-driven approach continues to set the standard for the industry.
View the listing on Premier Estate Properties:
1610 North Ocean Boulevard, Palm Beach — Represented by Margit Brandt, Premier Estate Properties
Read the full coverage:
Considering selling your luxury estate? Contact Premier Estate Properties today to experience the difference that three decades of proven excellence, global reach, and unmatched market authority can make. Call 866.281.3884 or visit premierestateproperties.com.
