The sale price set a record for a home in the seaside town.
The 8,643-square-foot home at 1275 N. Ocean Blvd. was sold by 1275 North Ocean LLC, managed by Jeffrey E. Veatch in Alexandra, Virginia. Veactch is the co-founder of IT staffing firm Apex Systems. The price equated to $2,314 per square foot.
Devin Kay and Nick Malinosky of Douglas Elliman represented the seller. They listed the property for $21.95 million on July 3 and it went under contract 20 days later. Helen Barraza-Fried of United Realty. represented the buyer.