Nicholas and Caroline Rafferty and 6709 South Flagler Generate, West Palm Beach front (Getty/Patrick McMullan, Google Maps)
A vice president at an financial commitment firm and his inside designer spouse paid out $6.8 million for a waterfront West Palm Seashore home, just days following marketing their residence in Palm Beach for $11.4 million.
Nicholas and Caroline Rafferty bought the residence at 6709 South Flagler Drive from Greg and Monica Oberting, records exhibit.
Nicholas K. Rafferty is a vice president and consumer adviser at Stamford, Connecticut-based mostly Chilton Expense Company, which has an workplace in Palm Beach, according to its web site. Caroline C. Rafferty is the founder of Caroline Rafferty Interiors, an interior design enterprise in Palm Beach.
Greg Oberting is president and CEO of Rail Modal Group, a Minot, North Dakota-centered operator of intermodal rail company. He is also president and CEO of Interstate Commodities, a Troy, New York-centered commodities seller that filed for Chapter 11 individual bankruptcy security in August. Oberting and his wife ordered the home in early 2019 for $2.8 million.
The property was first mentioned for $5 million in August of previous yr. The most new inquiring value was $5.5 million in May well. John H. Stewart with Brown Harris Stevens represented the sellers, and Blair Kirwan of the exact brokerage represented the consumers.
The 6,706-square-foot home has five bedrooms and 5-and-a-fifty percent loos. The home also features an elevator, a few-car garage, a pool and a dock with a 20,000-pound carry, in accordance to the listing.
The Raffertys bought their 5,708-sq.-foot home in Palm Seashore for $11.4 million, days in advance of buying this West Palm Seaside home, documents present.
Other latest profits in West Palm Seashore include Joseph J. Plumeri acquiring a apartment at The Bristol for $16.5 million, an heir to the Annenberg publishing relatives promoting a unit at The Bristol for $7.8 million, and the CEO of a Canadian fiscal services enterprise providing a rental at the identical setting up for $6.6 million.