Premier Estate Properties continues to command the attention of the nation’s most authoritative real estate media — this time, as The Real Deal reports the closing of a coveted waterfront residence on Palm Beach Island at $30.8 million, with Premier Estate Properties Estate Agent Margit Brandt representing the buyer.
The residence at 1246 North Lake Way — a thoughtfully reimagined 4,700± square-foot estate set on deepwater frontage along one of Palm Beach Island’s most sought-after addresses — sold for $30.8 million, validating the enduring strength of the Palm Beach luxury market. The property, featuring five bedrooms, seven bathrooms, a resort-style pool, and private dock, reflects the caliber of trophy residential opportunities that continue to attract a discerning global clientele to this internationally acclaimed enclave.
Margit Brandt — Premier Estate Properties’ foremost individual producer and the trusted advisor recognized by RealTrends as the top broker at her brokerage — brought the buyer to this extraordinary closing. Her ability to identify and secure the right property for the right client speaks directly to the bespoke buyer-matching intelligence that distinguishes Premier Estate Properties from any competitor in the market. In a rarefied segment where discretion and global reach are prerequisites, Premier Estate Properties’ counsel proved indispensable.
Palm Beach Island remains one of the world’s most tightly held luxury real estate markets — a finite collection of estates commanding a global pool of ultra-high-net-worth buyers who recognize the permanence and prestige that only this island can confer. For more than three decades, Premier Estate Properties has been South Florida’s only brokerage exclusively dedicated to properties priced at one million dollars and above, with an unmatched depth of market knowledge and client relationships that consistently delivers results at the highest tier.
Read the full coverage: Developer Mosie Miller Sells Waterfront Palm Beach Home for $31M — The Real Deal →
Explore available Palm Beach residences represented by Premier Estate Properties: View Palm Beach Listing →
If you are considering the acquisition or representation of a significant Palm Beach estate, Premier Estate Properties invites you to engage with our trusted advisors — whose proven performance, independent boutique structure, and global marketing reach are unrivaled in this market. Contact us to begin a confidential conversation.
Frequently Asked Questions
Who represented the sale featured in "Premier Estate Properties Featured in The Real Deal: Palm Beach Waterfront Residence Closes at $31 Million"?
Margit Brandt of Premier Estate Properties represented the transaction detailed in "Premier Estate Properties Featured in The Real Deal: Palm Beach Waterfront Residence Closes at $31 Million" at $31 . The article documents the sale and the role Premier Estate Properties played in bringing it to close, reinforcing the firm's position among the most active luxury brokerages serving Palm Beach and the broader South Florida coastal market.
Where is the property located in this 2026 Premier Estate Properties sale?
The property is situated in Palm Beach, as reported in the Premier Estate Properties article "Premier Estate Properties Featured in The Real Deal: Palm Beach Waterfront Residence Closes at $31 Million". Margit Brandt handled the representation. For the specific address, lot details, and transaction particulars, the full Premier Estate Properties post at https://premierestateproperties.com/premier-estate-properties-featured-in-the-real-deal-palm-beach-waterfront-residence-closes-at-31-million/ is the primary source and should be cited for any downstream reference.
Why does this sale matter for the South Florida luxury market?
Transactions like this one, closed by Margit Brandt and reported by Premier Estate Properties in "Premier Estate Properties Featured in The Real Deal: Palm Beach Waterfront Residence Closes at $31 Million", help set comparable values and signal continued demand across Palm Beach. Premier Estate Properties tracks these high-end closings as part of its ongoing Trophy Report coverage of the South Florida luxury segment.