BitPay’s Stephen Pair with SeaGlass Jupiter Island (BitPay, Google Maps, Getty)
A cryptocurrency payments main and his wife acquired a rental at Jeffrey Soffer’s SeaGlass Jupiter Island for $12 million.
Documents demonstrate Stephen and Lisa Pair acquired device 901 at the recently accomplished condominium undertaking at 1500 Seaside Street in Tequesta from the developer. Stephen Pair is the co-founder and CEO of BitPay, an Atlanta-based Bitcoin payments system.
The 10 story, 21-unit condominium was created in a joint undertaking between Soffer’s Fontainebleau Improvement and Perko Progress Associates, a regional firm led by founder Philip J. Perko. Product sales launched in early 2020, led by an in-home staff at Fontainebleau Growth. Building was concluded in November, documents exhibit. 20 units have shut in the earlier couple of weeks, for a complete of $162 million.
Soffer purchased out the owners of the earlier rental on the web-site, the Blowing Rock Club, in 2017, and bulldozed it in 2019. In March of final 12 months, Fontainebleau secured a $50 million design financial loan from Bank OZK to finance the job.
SeaGlass’ property lies involving the Atlantic Ocean and the Intracoastal Waterway, with 170 ft each of beachfront and waterfront, an oceanfront pool deck, health and fitness center, and club place, in accordance to the developer’s internet site. All models consist of a non-public two-automobile garage, the internet site shows. Floorplans contain 3- and 4-bed room solutions, and span 3,700 square feet to 5,000 sq. feet.
Jupiter Island is a tranquil, rich enclave that spans the coasts of Palm Beach and Martin counties. Conair heiress Babe Rizzuto compensated $35 million for an oceanfront estate on the island in August. In February, a Utah authentic estate trader dropped $14.1 million on a waterfront teardown soon after wrong rumors went traveling that Nancy Pelosi bought the property. Greg Norman, one particular of the greats in the golf planet, bought his Jupiter Island compound for $55 million final calendar year to the relatives of Victoria’s Secret billionaire Les Wexner.
