Company pays $12.125M for townhouse next door to one it already owned in Palm Beach

Another luxury townhouse has sold on Palm Beach ’s Brazilian Avenue, this one a four-bedroom residence that changed hands for $12.125 million at 450 Brazilian Ave. at the intersection of South Lake Tail near the town marina.

The buyer was Kassel Properties LLC, a Missouri-registered limited liability company that already owned the other townhouse in the duplex, Palm Beach County courthouse records show.

The deed for the sale of the townhome at 450 Brazilian Ave. in Midtown was recorded May 7 by the Palm Beach County Clerk ’s office, several days after a townhouse down the street sold for $16.5 million at 220 Brazilian Ave . The latter transaction was previously reported by the Palm Beach Daily News…

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