Bristol Palm Beach Smashes City’s Condo Price Record With $18M Deal
The developer of the Bristol Palm Beach has once again set a record for the most expensive condo sold in West Palm Beach with a $17.57 million deal.
Flagler Investors LLC, led by Al Adelson and Gene Golub, sold Unit 2302, also known as the south penthouse, in the new building at 1100 S. Flagler Drive to the Bristol Realty Trust, with Vantage Realty Corp. as trustee. It’s not clear who owns the trust.
The condo is so new that the size of the unit wasn’t listed in county property appraiser records. However, the developer’s marketing materials describe the south penthouse as 9,231 square feet of interior space with four bedrooms and 2,821 square feet of exterior space. It features east-to-west ocean and city views, a chef’s kitchen with double ovens, and white Italian Dolomite marble flooring in the master bathrooms.
The price equated to $1,903 per interior square foot.The previous record for a condo in West Palm Beach was set by the Bristol in August, when an investment banker paid $10.4 million for a condo there.
Amenities at the 69-unit Bristol include a marble-decked lobby, club lounge, fitness center, two-story wet and dry spa, terrace gardens and a 75-foot lap pool. The building features a concierge and Bentley service throughout the Palm Beach area.
