arts
South Florida’s top deals: Former CIA executive director sells Palm Beach mansion for $29M
By The Real Deal
· June 25, 2026
· 1 min read
🏆 Residential: The top residential sale to hit records was in Palm Beach at 226 Via Las Brisas for $28.9 million. Alvin Krongard, former executive director of the CIA, and his wife Cheryl Krongard were the sellers, originally listing the mansion for $34.5 million. They purchased the home in 2018 fo
Key takeaway Alvin Krongard, former executive director of the CIA, and his wife Cheryl Krongard were the sellers, originally listing the mansion for $34.
Why this matters in The Miami
The sale of the Palm Beach mansion for $28.9 million is a notable transaction in South Florida's luxury real estate market. As the region continues to attract high-end buyers, sales like this one in Palm Beach demonstrate the area's enduring appeal to affluent individuals. The significant profit made by the Krongards, who purchased the home for $9.6 million in 2018, also highlights the potential for luxury properties in South Florida to appreciate substantially in value over a relatively short period. This trend is likely to be watched closely by investors and homeowners in other affluent neighborhoods, such as Miami Beach and Brickell, where luxury properties are also in high demand. The fact that the buyer was a trust suggests that the new owner may be seeking privacy, which could be a factor in other high-end sales in the region.
About this story
Original reporting by The Real Deal . The Miami surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit The Real Deal . Have a tip or correction? Contact our newsroom .
Category: arts ·
Published: June 25, 2026 ·
Source: The Real Deal ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? 🏆 Residential: The top residential sale to hit records was in Palm Beach at 226 Via Las Brisas for $28.9 million. Alvin Krongard, former executive director of the CIA, and his wife Cheryl Krongard were the sellers, originally listing the mansion for $34.5 million. They purchased the home in 2018 fo
When was this published? This article was first published on June 25, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by The Real Deal. To learn more about how The Miami selects and reviews stories, see our editorial standards .
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