Justin DalMolin and Jaime Snarski bought a four-bedroom, three bath at 617 Lighthouse Drive in North Palm Beach from Domenic Gatto for $1.4 on July 25.

Gatto paid $750,000 for the property in Sept. 2004.

The 2,148-square-foot home was built in 1972. It was listed for $1.749 million.

DalMolin has worked as chief financial officer and chief operating officer of The Global Securities Group.

The group is a private financial group with headquarters in Miami and New York. It provides financial services to corporations, governments and institutional clients through Latin America.

Sales in North Palm Beach increased 6.2 percent from 2007-2008, rising from 226 to a projected 240. The median sales price increased from $233,000 to $275,000 in the same period.

Address: 617 Lighthouse Drive
Buyer(s): Justin Dalmolin and Jaime Snarski
Seller(s): Domenic Gatto
Sale date: Jul. 25, 2008