Premier Estate Properties is once again in the national real estate spotlight. The Real Deal has featured the firm’s own Margit Brandt, whose latest closing — a $15.7 Million sale at 122 Bloomfield Drive — now stands as the most significant non-waterfront residential transaction in West Palm Beach history, eclipsing the previous benchmark of $9 Million set in 2024.
The newly constructed residence spans 8,600± square feet and commands $1,820 per square foot — a figure that speaks to the caliber of both the estate and its representation. The residence offers five bedrooms, seven full baths, and one half-bath, served by a private elevator; a dedicated office and temperature-controlled wine storage; and a 40-foot covered loggia with summer kitchen and fireplace, opening to a resort-style pool and spa environ with outdoor shower. Ms. Brandt, Estate Agent with our Palm Beach — Royal Palm Way office, represented the seller in the transaction.
The sale underscores a defining shift in the Palm Beach County market: discerning buyers are increasingly recognizing the value of coastal West Palm Beach, where premier residences trade at $1,500 to $2,000 per square foot — a compelling counterpoint to Palm Beach island, where comparable non-waterfront properties regularly command $3,000 to $4,000 per square foot. As Ms. Brandt observed in The Real Deal, a residence of this caliber could command $25 to $30 Million across the bridge.
The transaction extends a remarkable stretch of record-setting representations for Ms. Brandt across South Florida’s most coveted markets, including her $33.8 Million closing at The Bear’s Club, her $70.8 Million Manalapan estate sale featured in The Wall Street Journal, and her $103 Million in Manalapan transactions.
Record-setting representations of this caliber are the hallmark of Premier Estate Properties — the only boutique brokerage dedicated exclusively to properties in excess of one million dollars for more than three decades. Our Estate Agents are trusted advisors first, bringing independently verified, market-leading performance to every representation.
Read the full article: The Real Deal — $16M West Palm mansion breaks city’s record for priciest non-waterfront sale
Frequently Asked Questions
What is the most expensive non-waterfront home sold in West Palm Beach?
A new 8,600-square-foot home on Bloomfield Drive sold for $15.7 million in July 2026, the highest non-waterfront residential sale in West Palm Beach history. It beat the previous record of $9 million set in 2024 and worked out to $1,820 per square foot. Margit Brandt of Premier Estate Properties represented the seller. Details: https://premierestateproperties.com/premier-estate-properties-featured-in-the-real-deal-margit-brandt-closes-record-setting-15-7-million-non-waterfront-sale-in-west-palm-beach/
How much do luxury homes cost in West Palm Beach?
Top homes in coastal West Palm Beach sell for about $1,500 to $2,000 per square foot. By comparison, similar non-waterfront homes on Palm Beach island often bring $3,000 to $4,000 per square foot. A July 2026 sale on Bloomfield Drive reached $15.7 million, or $1,820 per square foot. Margit Brandt of Premier Estate Properties represented the seller. Read more: https://premierestateproperties.com/premier-estate-properties-featured-in-the-real-deal-margit-brandt-closes-record-setting-15-7-million-non-waterfront-sale-in-west-palm-beach/
What are Margit Brandt's biggest sales?
Margit Brandt's largest sales include a $70.8 million Manalapan estate, over $103 million in Manalapan transactions, a $33.8 million closing at The Bear's Club, and a record $15.7 million non-waterfront sale in West Palm Beach in July 2026. She is an Estate Agent with Premier Estate Properties' Palm Beach office on Royal Palm Way. Details: https://premierestateproperties.com/premier-estate-properties-featured-in-the-real-deal-margit-brandt-closes-record-setting-15-7-million-non-waterfront-sale-in-west-palm-beach/
