A company linked to an English homebuilding firm got nearly $12 million for a landmarked home in Palm Beach.
Royalton Group US Holding Inc., which is tied to Surrey, England-based Royalton Group, sold the 61 Middle Road residence in a transaction recorded on Friday, according to Palm Beach County records. The home was one of three properties the firm acquired from billionaire philanthropist Jon Stryker in a $43 million deal that closed in May. Royalton hired Barrett Welles Property Group of Palm Beach to market the seven-bedroom, 7,330-square-foot house, which was built in 1926.
Ben Han and Laetitia Perais are the buyers. The couple did not obtain financing for the purchase.
Royalton is co-owned by insurance entrepreneur Peter Wood, who is a seasonal resident of Palm Beach.
Ben Stein of Brown Harris Stevens represented the buyers. — Eric Kalis