Sheetz founder parts with Boca Raton home

Sheetz sold the Royal Palm Way estate for $1,350 per square foot

Miami /
Jun.June 13, 2019 04:40 PM
Bob Sheetz and 1160 Royal Palm Way (Credit: Zillow)

Bob Sheetz and 1160 Royal Palm Way (Credit: Zillow)

The founder of Sheetz, the popular gas station and convenience store, sold his new waterfront Boca Raton mansion for $12.6 million.

Robert Sheetz sold the 9,333-square-foot estate at 1160 Royal Palm Way for $1,350 per square foot to Stephen and Kim Bruno of Boca Raton, according to property records.

Sheetz bought the property in 2017 for $4.6 million and the home was completed this year. The six-bedroom, eight-and-a half-bathroom house is in the Royal Palm Yacht & Country Club.

David Roberts of Royal Palm Properties represented the seller, while Kenneth Beckett of Beckett Realty Advisors represented the buyer.

Sheetz founded Sheetz Inc. – a competitor to Wawa –  in Altoona, Pennsylvania, when he was 18 years old. The company now has more than 430 convenience stores throughout six states: Pennsylvania, Maryland, Ohio, Virginia, West Virginia and North Carolina.

In April, the head of a medical investment firm and his wife sold their waterfront mansion at 271 West Coconut Palm Road also in the Royal Palm Yacht & Country Club community for $11 million.


Related Articles

arrow_forward_ios
Corey Dickerson, Mike Piazza and Derek Jeter with the Miami baseball stadium (Getty)
South Florida by the numbers: Play ball
South Florida by the numbers: Play ball
Grover Corlew principal Mark Corlew with Bank of America Tower in Boca Raton (Grover Corlew)
Grover Corlew buys Bank of America Tower in Boca Raton for $45M
Grover Corlew buys Bank of America Tower in Boca Raton for $45M
Opterra Capital buys Holiday Inn & Suites Boca Raton for $13M
Opterra Capital buys Holiday Inn & Suites Boca Raton for $13M
Opterra Capital buys Holiday Inn & Suites Boca Raton for $13M
CP Group Managing Partner Angelo Bianco with One Town Center (CP Group)
Singaporean REIT pays $100M for One Town Center office building in Boca Raton
Singaporean REIT pays $100M for One Town Center office building in Boca Raton
5900 Northwest Broken Sound Parkway and Pebb Enterprises President and CEO Ian Weiner (CBRE, Pebb)
Pebb Enterprises buys Boca Raton office building for $15M
Pebb Enterprises buys Boca Raton office building for $15M
Alina Residences in Boca Raton (Alina Residences)
El-Ad scores $53M construction loan for Alina Residences in Boca Raton
El-Ad scores $53M construction loan for Alina Residences in Boca Raton
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Rendering of Boca Ice and Fine Arts Center courtesy of Peninsula Ice LLC 
Ice skating gliding into Boca: Arena developers score $14M construction loan
Ice skating gliding into Boca: Arena developers score $14M construction loan
arrow_forward_ios

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

Loading...