Developer Todd Glaser and his partners marketed a Palm Beach spec home for $21.8 million.
Records clearly show their 1080 South Ocean LLC sold the non-waterfront house at 1080 South Ocean Boulevard to a have confidence in named for the handle, with regional lawyer Louis L. Hamby III signing on behalf of the customer.
Linda Olsson of Linda R. Olsson represented the buyer. Listing agent Suzanne Frisbie of the Corcoran Group verified the consumer was a guy from Ga. Frisbie stated he located the residence on the net and is new to the island.
Glaser and his associates, Scott Robins and Jonathan Fryd, bought the South Ocean Boulevard residence for $4.6 million in 2020. They knocked down the existing residence and designed a 5,700-sq.-foot house with five bedrooms, six bathrooms, two fifty percent-loos, a recreation room, two bars, wine place, health and fitness center, theater, two laundry rooms and a pool, the listing shows. The companions finished the .4-acre property in 2023, property documents show.
The team listed the home for $25 million in 2021, and upped the asking price to $32 million before bringing it again down to $24.8 million in November, Realtor.com demonstrates.
It is been a occupied period for Glaser. He and his partners relisted Tarpon Island in Palm Beach for $187.5 million. Right before Tarpon Island’s “summer break” from the marketplace, the 23,000-square-foot mansion was listed for $218 million. He and partner Jim Randall purchased the penthouse in the recently finished La Clara in West Palm Seashore for $18.8 million, and are wanting to flip it for $28.5 million. In July, he bought a waterfront property in Palm Beach for $21.4 million with options to renovate it and market it.
Whilst quite a few of Glaser’s projects are in Palm Beach front just lately, he’s however closing specials in Miami. He sold a spec estate in Indian Creek Village to David Guetta in August, correct after listing it for $69 million.
He also acquired himself a waterfront household in Newport Beach front, California for $9 million previously this thirty day period.
