The wife of Conair scion Leandro Rizzuto, Jr., flipped a property in Boca Raton’s Royal Palm Yacht & Region Club to a automobile dealer.
Records display Denise Rizzuto marketed the household at 1655 Royal Palm Way to Lou C. Bachrodt III and Irena Lenner for $8 million, nine months right after acquiring it for $7.8 million.
Joyce Marie Schneider of Castles by the Seashore Realty experienced the listing, and Ann Rutherford of Coldwell Banker Realty brought the consumers.
Bachrodt heads Lou Bachrodt Automotive Group, his family’s car or truck dealership business enterprise which has places in the Midwest and South Florida. Data display he owns one more Royal Palm house he purchased for $1.7 million in 2001.
Denise Rizzuto’s father-in-regulation was the billionaire founder of the hair goods giant Conair. Leandro Rizzuto, Sr., died in 2017 with a internet well worth of $3.5 billion, according to Forbes. Then-president Donald Trump appointed Rizzuto, Jr., to head the U.S. consulate basic in Bermuda in May 2020, pursuing a failed nomination to the ambassadorship for Barbados, Saint Lucia, and St. Kitts and Nevis, in accordance to published stories.
The Rizzutos also have a waterfront Royal Palm mansion they purchased for $14 million in 2019, according to assets documents. Rizzuto, Jr.’s sister, Babe Rizzuto, dropped $34.7 million on an oceanfront Jupiter Island mansion in 2022.
Denise Rizzuto bought the Royal Palm Way household for $7.8 million in April, and shown the household for $8.4 million in September, Redfin reveals. The 4,700-sq.-foot household was constructed on .3 acres in 2000. It has four bedrooms, two bathrooms and a pool, house records exhibit. It was earlier transformed, the listing claims.
Royal Palm Yacht & Nation Club is amid the most coveted gated communities in Boca Raton’s luxury current market. In February, a Michigan-primarily based developer acquired a waterfront spec mansion for $28 million, a history for equally Royal Palm and Boca Raton.