Ted Kotcheff Net Worth

Patrick Koenig Net Worth: Estimate, Sources, and Breakdown

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The most publicly documented Patrick Koenig tied to a business and financial footprint is Patrick C. Koenig, a South Florida real estate professional and co-founder of Flagler Realty & Development based in the West Palm Beach area. No verified net worth figure has been published by major financial reference outlets for this individual, which means any estimate has to be built from the ground up using publicly available business records, corporate filings, and transaction data. Based on what's available, a reasonable working range is somewhere between $2 million and $10 million, with a best-supported figure in the $3 million to $5 million range, reflecting a career-long real estate career with meaningful but not celebrity-scale assets.

Which Patrick Koenig are we actually talking about?

Anonymous real-estate professional holding a key fob in a sunlit office with palm trees outside.

The name Patrick Koenig belongs to at least two unrelated public figures who show up in search results. One is a golfer (referenced at age 44) who attracted media coverage for playing hundreds of courses and golf photography. The other, and by far the more financially documented one, is Patrick C. Koenig of West Palm Beach, Florida, who co-founded Flagler Realty & Development in 1996 and has served as its President. He also appears in Florida corporate records as the registered agent and President of a separately incorporated entity called PATRICK KOENIG, INC. (incorporated June 5, 2012, with a principal address in the Deerfield Beach and Lake Worth area).

The Chamber of Commerce of the Palm Beaches lists Patrick C. Koenig as a trustee, identifying him explicitly as President of Flagler Realty & Development, Inc., and notes over 27 years of real estate activity with roots going back to 1983 when he joined a South Florida developer. That consistent, multi-source identification makes it very clear we're talking about a commercial and residential real estate figure in South Florida, not an entertainer, athlete in the traditional sense, or tech entrepreneur. If you were searching for a different Patrick Koenig, the answer below won't apply to your subject.

The net worth estimate: range and best-supported figure

Because Patrick C. Koenig is not a celebrity in the entertainment or sports sense, no dedicated net worth tracking site has published a verified figure for him. If you are comparing wealth figures across different public profiles, you may also want to review the kofi amoo gottfried net worth breakdown for context. That means this estimate is constructed from secondary evidence rather than aggregated reporting. Working through what's publicly available: If you are specifically looking up theodore koenig net worth, you can expect similar limitations because private individuals often lack verified disclosures, so reliable sourcing matters most.

  • Low end of range: $2 million (reflects the possibility that business equity has been diluted, personal real estate holdings are modest, and the administrative dissolution of PATRICK KOENIG, INC. in September 2025 signals reduced corporate activity)
  • Best-supported middle estimate: $3 million to $5 million (reflects a 40-plus-year career in South Florida real estate, co-founding a development firm, documented involvement in transactions including a $1.3 million sale and a 358-unit rental development project, plus likely accumulated personal property)
  • High end of range: $10 million (possible if Flagler Realty & Development holds significant equity stakes in its development projects, some of which involve multi-million-dollar rental communities in a high-value market like West Palm Beach)

The $3 million to $5 million figure is the most defensible without more granular disclosure. South Florida real estate professionals at the co-founder/president level of a multi-decade firm routinely accumulate equity in that range through a combination of business ownership, commissions, personal property, and deal participation, but without audited financials or public disclosures, precision beyond that range would be guesswork.

How this estimate is built

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Net worth estimates for non-celebrity professionals are assembled differently than for actors or athletes. There's no salary disclosure, no public equity stake in a traded company, and no reported endorsement income. Instead, the methodology leans on a few key data categories:

  1. Business equity: The value of a share in Flagler Realty & Development, Inc. is not publicly disclosed, but as a co-founder and president of a firm active in multi-million-dollar South Florida development since 1996, some ownership stake is assumed.
  2. Real estate transactions: Zillow's agent profile for Patrick Koenig lists recent sales including a $1.3 million transaction. A Compass listing page associated with Patrick C. Koenig Jr. references a property that last sold for $494,000 in 2016. These are agent-side transactions, not necessarily personal ownership, but they establish the scale of markets he operates in.
  3. Corporate entities: The Florida corporate record for PATRICK KOENIG, INC. (EIN 45-5422218) shows an incorporated business with a 13-year operational window before an administrative dissolution for annual report non-filing in September 2025. This suggests the entity was a legitimate operating or holding structure, though its asset value is unknown.
  4. Career income accumulation: With a career starting in 1983 and co-founding his own firm in 1996, there's a 40-plus year earnings runway. Even at moderate real estate professional income levels, accumulated savings and reinvested equity compound over that timeframe.
  5. Liabilities: No public records of bankruptcy, tax liens, or major judgments were surfaced for this subject, which is a modest positive signal, though absence of evidence is not evidence of absence.

Career background and why it matters for wealth

Patrick C. Koenig entered South Florida real estate in 1983, one of the more consequential entry points for wealth building in that market. South Florida land values appreciated dramatically over the following four decades, and professionals who stayed in the market and built firms rather than working for others captured a disproportionate share of that growth. By 1996, he co-founded Flagler Realty & Development, a company that straddles both brokerage and development, which means revenue comes from two directions: commissions on transactions and equity appreciation (or profit) on projects the firm develops.

One documented project ties Flagler Realty to a 358-unit rental development planned in West Palm Beach in partnership with Woodfield Development. At current West Palm Beach rental rates, a 358-unit project represents tens of millions in asset value once stabilized, and even a modest promote or equity share for a co-developer could be worth seven figures. That project alone illustrates the scale at which Flagler Realty operates, which is why the high end of the estimate reaches $10 million even though it can't be confirmed.

The Chamber of Commerce trustee listing reinforces that Koenig is an active civic and business figure in the Palm Beach area, not a retired or marginal player. That kind of sustained community and industry presence generally correlates with ongoing income and asset management, not wealth in decline.

Where wealth comes from: the breakdown

Minimal business desk scene with an open folder and a balance scale, symbolizing wealth components
Income or Asset TypeEvidenceConfidence Level
Business equity in Flagler Realty & DevelopmentCo-founder and President since 1996; firm involved in multi-million-dollar projectsModerate (value undisclosed)
Real estate transaction income (commissions/fees)Zillow profile shows $1.3M+ sales; active listings on Redfin and CompassModerate
Development project participation358-unit West Palm Beach rental project with Woodfield; active deal involvementLow-to-moderate (equity size unknown)
Personal real estate holdingsLake Worth Beach property connection; Wellington area listing activityLow (agent vs. owner status unclear)
PATRICK KOENIG, INC. corporate assetsFlorida corporation incorporated 2012, admin dissolved September 2025Low (asset value unknown)

What could push the number higher or lower

A few things could meaningfully shift this estimate in either direction. On the upside, if the 358-unit West Palm Beach development project reached completion or sale, and Flagler Realty held an equity stake, that single event could add several million dollars to Koenig's personal balance sheet depending on how profits were distributed. The West Palm Beach market has been one of the hottest in the country since 2020, so timing on that development matters a lot.

On the downside, the administrative dissolution of PATRICK KOENIG, INC. in September 2025 is worth watching. In Florida, an administrative dissolution for failure to file an annual report doesn't mean a business closed or is insolvent, but it does mean the entity lost its active corporate status. It could signal a wind-down of that particular vehicle, a restructuring, or simply a paperwork lapse. It's a yellow flag, not a red one, but it's worth noting when building an estimate. Real estate market corrections, partnership disputes, or personal liability exposure on development guarantees are also factors that could reduce net worth without any public announcement.

Why different sites report different numbers

For a private professional like Patrick C. Koenig, the more common problem is not conflicting estimates but the total absence of estimates on dedicated net worth sites. Those platforms focus heavily on entertainers, athletes, and executives of publicly traded companies because their income is easier to document (box office receipts, sports contracts, SEC filings). A South Florida real estate developer with a private firm simply doesn't generate the kind of public financial trail that feeds those databases.

When figures do appear for private professionals, they're often recycled from a single original estimate, sometimes years old, and frequently don't account for market changes or business events. If you've seen a number for Patrick Koenig on another site, it's worth asking whether it's sourced from actual filings or whether it's an algorithmic guess based on profession and location. If you are looking for ea koetting net worth context, compare how each public estimate was derived from verifiable business records versus recycled or algorithm-based guesses. The estimate in this article is built from named, specific public sources and is more conservative as a result.

It's also worth noting that name confusion can create errors. If a net worth figure got attached to the golfer Patrick Koenig or another person by the same name, that number would be completely irrelevant to the Florida real estate professional discussed here. Always check that the biographical details (location, profession, company affiliation) match before treating any figure as applicable.

How to verify this and what to check next

If you want to get closer to a verified figure, here are the most productive steps you can take with publicly available resources:

  1. Search the Florida Division of Corporations (Sunbiz.org) for both 'PATRICK KOENIG, INC.' and 'Flagler Realty & Development Inc.' to review current corporate status, registered agent filings, and any affiliated entities. Annual report filings sometimes include officer addresses and structural clues.
  2. Check Palm Beach County property records (pbcgov.org) for property ownership under Patrick Koenig or Patrick C. Koenig. This will show assessed values, purchase prices, and current ownership status on any real property he holds personally.
  3. Review Florida UCC filings and any federal tax lien records through the Florida Secretary of State's office and PACER (Public Access to Court Electronic Records) to check for creditor actions or secured debt.
  4. Look up recent transaction history on Zillow, Redfin, and Compass under his agent profile to track transaction volume and the scale of deals, which provides a proxy for earnings.
  5. Search The Real Deal (Miami/South Florida edition) for Flagler Realty & Development coverage, as that outlet regularly covers South Florida development deals and sometimes includes co-developer financial details.
  6. Check Palm Beach County Circuit Court records for any civil litigation involving Koenig or Flagler Realty, which can surface liability exposure not visible in corporate filings.

None of these steps will give you a precise net worth number, but together they'll let you triangulate a much tighter range than any single source. The goal with a private professional is always to build a picture from multiple data points rather than rely on one estimate. Given the career profile and market involvement described here, the $3 million to $5 million range holds up as the most reasonable working figure as of May 2026, with meaningful uncertainty on both sides.

If you arrived here looking for financial information about other individuals with similar names or adjacent profiles, the net worth profiles for Ted Koenig and Theodore Koenig cover different people entirely, and their wealth contexts differ significantly from the South Florida real estate background described here. Ted Kotcheff net worth is a different topic, so any figure for Ted Koenig should not be assumed to match it.

FAQ

Why can’t I find a single verified Patrick Koenig net worth number for the West Palm Beach real estate professional?

“Net worth” for a private real estate executive usually does not match their business revenue. Even if Flagler Realty generates commissions and development profits, Koenig’s personal net worth depends on equity ownership, distributions, and any personal guarantees tied to projects.

Does being co-founder and president automatically mean Patrick Koenig has the highest net worth at his company?

The biggest ambiguity is equity versus revenue. If Koenig’s role was primarily as a president or registered agent without majority ownership, his personal net worth could sit closer to the lower end of the range, even when company activity looks large.

How much should an administrative dissolution of PATRICK KOENIG, INC. in September 2025 affect the patrick koenig net worth estimate?

Florida administrative dissolution typically means the entity lost its active status, not that assets disappeared overnight. To assess impact, you’d look for whether related projects were transferred to another entity, whether dissolution coincided with an ownership change, and whether any lawsuits or liens appeared after the dissolution.

What timing details matter most for estimating patrick koenig net worth from a large West Palm Beach rental development?

Yes, if the development produced a final sale, refinancing, or stabilized occupancy, personal equity could jump, but only if profits were actually allocated to Koenig and he had distributable equity. If the project was still under construction or operating, reported “asset value” might not equal cash or distributable net worth.

What scenarios could lower patrick koenig net worth even if the company keeps operating?

Private real estate professionals can have net worth reduced by personal liability exposure. If the individual personally guaranteed construction or loan obligations, a downturn, default, or dispute could translate into personal losses even when the business remains operating.

How do I avoid mixing up different people when searching for patrick koenig net worth?

Name confusion is one of the most common errors. Always verify that your Patrick Koenig matches the biographical markers (South Florida location, Flagler Realty & Development leadership, and related corporate records). A golfer or other Patrick Koenig net worth figure should be treated as unrelated.

How can I tell whether a website’s patrick koenig net worth number is recycled or genuinely sourced?

Recycled figures are common because many sites copy one original estimate and never update it. If a number lacks mention of public records used (for example, entity filings, property transactions, or documented project participation), assume it is more speculative than the range-building approach used here.

What additional public records would most directly tighten the patrick koenig net worth range?

A practical check is to separate company value from personal value. If you find documents that show Koenig controlled or owned the entity that holds assets, it supports a higher personal estimate. If assets were held in separate LLCs where he was a minor member, it supports staying closer to the lower range.

When using development valuations, how should I adjust for assumptions and avoid overstating patrick koenig net worth?

If you are building your own estimate, treat most “market value” claims as conditional. For example, project valuations assume stabilization, correct financing terms, and that equity participation is real. Without those confirmations, the valuation should be discounted into a working range rather than treated as confirmed net worth.

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