A firm managed by a Nashville, Tennessee businesswoman paid $10.63 million for a spec mansion in Palm Beach.
F&S Partners LLC, managed by Alexander J. Wittmann of West Palm Beach-based luxury homebuilder Wittmann Building Corp., sold the 4,764-square-foot home at 260 Plantation Road to Ingram-Patton Properties LLC, managed by Robin I. Patton in Nashville. Patton is a board member of Nashville-based manufacturing and marine transportation company Ingram Industries, and one of the four children of the late billionaire heir E. Bronson Ingram II.
The seller was represented by William Raveis Real Estate’s Michelle Noga and Paula Wittmann , the wife of Alexander Wittmann. The price equated to $2,231 a square foot.
Situated on a 0.26-acre site, the home was designed by Roger Janssen of Dailey, Janssen Architects in West Palm Beach.
It features four bedrooms, 5.5 bathrooms, a pool, a balcony, a stone fireplace, an office, an elevator, a full-home generator, and an outdoor grill.
There has been a surge in luxury home sales in Palm Beach over the past 18 months that has pushed prices higher. Many of the buyers have been from out of state.
In 2020, Ingram-Patton Properties sold a home in an equestrian neighborhood in Wellington for $3.4 million.
