Palm Beach house flipped for $11.5M after it sold in October for $8.42M

The Estate Section of Palm Beach saw a notable flip Tuesday, when a deed was recorded at $11.5 million for a house that had sold brand new in October for $8.42 million.

The seller was attorney Morton A. Pierce of Greenwich, Connecticut, who acted in the sale as trustee of a revocable trust in his name, the deed shows. Pierce is a partner who specializes in mergers and acquisitions at the White & Case LLP law firm serving greater New York City.

On the buyer’s side was Sydney 44 LLC, a Florida limited liability company linked to Sandi Feinberg, courthouse and business records show. She is the widow of vintner and philanthropist Herbert Feinberg and in February listed her New York townhouse at $18 million, according to the New York Post.