Todd Glaser and Tarpon Island in Palm Seashore (Google Maps, Getty)
There’s a new trophy up for grabs.
Todd Glaser and his companions stated the renovated mansion at 10 Tarpon Isle for $218 million, Bloomberg reported. The historic estate was built in 1930 on a 2.3-acre personal person-produced island, dubbed Tarpon Island. If bought for its asking price tag, it will set a new residential price document for all of Florida.
Glaser and his partners acquired the house for $85 million final 12 months from longtime house owners William and Eileen Toll. His traders incorporate Jim Randall, Scott Robins, and Jonathan Fryd, a trio that has partnered with him on other tasks in South Florida.
The Tarpon Island estate was created by architect Howard Key, a preferred in early Palm Seashore architecture. Glaser’s renovation of the estate involved incorporating a 2nd pool, updating the tennis courtroom, and tearing down a portion of the first mansion to increase an extension. The sq. footage of the renovated mansion is now almost double its authentic 12,000 — it is now 23,000 square feet, according to documents. The home even now has 5 bedrooms and 9 bogs, information show.
At the time that Glaser bought the island, he was not shy about his ambitions for the consumer.
“This hasn’t been out there to any one,” he informed The Authentic Offer. “This is a household for Jeff Bezos, Bill Gates, Mark Zuckerberg. This is a as soon as-in-a-life time opportunity to be in Palm Seashore on your own non-public island.”
By listing the estate for $218 million, Glaser is gunning for the Florida cost record for a residential house, most not long ago set in June by billionaire Larry Ellison, who bought the former Ziff loved ones estate in nearby Manalapan for $173 million.
The Florida cost history ahead of that was set in Palm Beach front final year when hedge fund billionaire Scott Shleifer bought an oceanfront mansion for $122.7 million.
— Kate Hinsche
