Drawbridge’s Jason Elmer with 11757 Elina Courtroom (LinkedIn, Google Maps)
A cybersecurity CEO purchased a Palm Beach front Gardens residence in the Outdated Palm Golf Club local community for $9.2 million.
Information demonstrate Jason and Marissa Elmer acquired the property at 11757 Elina Court from Matthew and Kristin Brown. Jason Elmer is the founder and president of Drawbridge, a cybersecurity company dependent in Palm Beach Gardens. Marissa Elmer was most lately executive director of economical setting up and assessment for Estée Lauder Companies, but is not at this time utilized, in accordance to her LinkedIn profile.
In accordance to documents, Matthew and Kristin Brown alongside one another run MK Brown Holdings, a Florida LLC.
Jeremy Browne of Compass represented the sellers, and Margit Brandt of Leading Estate Attributes introduced the purchasers.
The Browns acquired the house via an LLC in 2019 for $3.8 million, data show. Designed in 2017, the 4-bed room, five-bathroom property spans approximately 7,000 sq. feet. Browne mentioned his consumers installed new AC methods and a generator.
The real offering issue of the house, although, was the closets, according to Browne.
“The purchaser will notify you that household marketed mainly because his wife preferred the closets,” he mentioned. Browne’s customer experienced transformed a single of the home’s bedrooms into a massive wander-in closet, supposed for exhibiting collections of designer luggage and shoes.
The recorded sale cost was $9.2 million, but Browne mentioned the genuine selling price was $10.2 million, which provided furnishings. The residence, on .5 acres in the Aged Palm Golf Club non-public community, marks a report for the gated neighborhood’s smaller sized loads, Browne claimed.
Browne said totally-furnished house revenue are progressively typical in the South Florida market, and sellers are putting additional benefit on their furnishings than in the previous.
“I’m not certain if it is mainly because of Covid or a realization of benefit,” he mentioned.
Other current gross sales in Aged Palm Golf Club consist of the property a healthcare CEO purchased for $8.8 million in September. Prior to that, a mansion on a double lot marketed for a record $22.5 million in July.
Other the latest Palm Beach front Gardens product sales incorporate the waterfront mansion community builders Robert and Myron Miller acquired for $11 million and quickly relisted for $13.9 million in August.
