Spec townhouse in Palm Beach sells for $5.65 million

Miami /
Feb.February 04, 2017 03:30 PM

The developers got $5.65 million for the second of two townhouses they built on speculation in a duplex on Sunset Avenue in Palm Beach.

John Flynn Sr., John R. Flynn Jr. and Leona Flynn, who finished building the Georgian-style duplex in 2015, sold the townhouse at 180 Sunset Avenue to a Palm Beach couple.

The Flynns sold the other townhouse, at 176 Sunset Avenue, last May for $5.9 million to an affiliate of Franklin Templeton Investments, headed by billionaire and Palm Beach resident Charles Johnson.

The Flynn family has a private, Dublin-based development company with a portfolio of projects in Ireland and England.

Agents Toni Hollis and Gloria Moré of The Fite Group had listed the identical 4,724-square-foot townhouses at 176-180 Sunset Avenue for sale with an asking price of $6.2 million each.

Judith and Thomas Iovino, who bought the townhouse at 180 Sunset Avenue, just listed their nearby townhouse at 152 Sunset Avenue for sale for $5.3 million. The listing agents are Dana Koch and Paulette Koch of Corcoran Group. [Palm Beach Daily News]Mike Seemuth


Related Articles

arrow_forward_ios
450 Royal Palm Way and the buyer H. William Perry. (Google Maps, Gunster)
Banker’s Row office building in Palm Beach sells for $17M
Banker’s Row office building in Palm Beach sells for $17M
Carl Panattoni and 965 North Ocean Boulevard (Photos via Panattoni Europe, Google Maps)
Carl Panattoni sells oceanfront Palm Beach property for $34M to Stock Development
Carl Panattoni sells oceanfront Palm Beach property for $34M to Stock Development
David Tepper and 905 North Ocean Boulevard (Getty, Google Maps)
Hedge fund billionaire David Tepper paid $68M for Palm Beach mansion
Hedge fund billionaire David Tepper paid $68M for Palm Beach mansion
The property has 5 bedrooms in the main house and 2 in the guesthouse. (901 North Ocean blvd)
Palm Beach developer lists spec mansion next door to David Tepper’s for $84M
Palm Beach developer lists spec mansion next door to David Tepper’s for $84M
David Tepper and 905 North Ocean Boulevard (Getty, Google Maps)
Carolina Panthers owner to buy $73M Palm Beach mansion
Carolina Panthers owner to buy $73M Palm Beach mansion
Scott Shleifer and 535 North County Road in Palm Beach (Photos via LinkedIn, Google Maps)
Private equity titan buys Palm Beach estate asking $140M: sources
Private equity titan buys Palm Beach estate asking $140M: sources
Cobey Rapaport and 790 South County Road, Palm Beach (Getty, Google Maps)
South Florida developer’s widow sells waterfront Palm Beach mansion for $31M
South Florida developer’s widow sells waterfront Palm Beach mansion for $31M
535 North County Road and Mark Pulte with former President Donald Trump (Google Maps; Pulte Family Foundation; Getty)
Spec home built on Trump’s former Palm Beach property under contract for $140M
Spec home built on Trump’s former Palm Beach property under contract for $140M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...