Address: 402 Primavera Ave. in Palm Beach

Property type: This is a 5,597-square-foot, one-story home constructed in 1981 on a half-acre lot, according to the Palm Beach County Property Appraiser's office. The home has four bedrooms, according to real estate listing website Realtor.com.

Price: $7,127,000

Seller: Albert M. Tapper, as Trustee of the Tapper Charitable Foundation dated April 25, 1980

Buyer: Investment manager Thomas D. O'Malley Jr. and Lillian O'Malley

Past sale: $5,200,000 in January 2014