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Latest from Darrell Hofheinz

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Russian-owned lot in Palm Beach with Trump link listed at $42 million
 The Russian billionaire who in 2008 bought an oceanfront estate for a recorded $95 million from President Donald Trump could make his investment back — and then some — if the last remaining lot there sells for anywhere near its asking price of $42 million. The lot at 525 N. County Road this month re-entered the market...

Posted: a day ago

The Russian billionaire who in 2008 bought an oceanfront estate for a recorded $95 million from President Donald Trump could make his investment back — and then some — if the last remaining lot there sells for anywhere near its asking price of $42 million. The lot at 525 N. County Road this month re-entered the market...
North End house still under construction changes hands for $7 million
 Michele “Shelly”’ Borislow, widow of communications entrepreneur Dan Borislow, has paid a recorded $7.07 million for a house still in construction at 198 Via Linda on the North End. The property was developed and sold by businessman and real estate investor Jyrki Salminen, who initially planned the house as...

Posted: 2 days ago

Michele “Shelly”’ Borislow, widow of communications entrepreneur Dan Borislow, has paid a recorded $7.07 million for a house still in construction at 198 Via Linda on the North End. The property was developed and sold by businessman and real estate investor Jyrki Salminen, who initially planned the house as...
Reports: Single-family sales broke out of doldrums in fourth quarter
 Well, it took a while, but Palm Beach appears to have finally shaken off the real estate doldrums that accompanied the uncertainty surrounding President Donald Trump’s candidacy, election and what can only be described as a precedent-breaking first year in office. Just-released real estate sales reports from four agencies that do business...

Posted: 2 days ago

Well, it took a while, but Palm Beach appears to have finally shaken off the real estate doldrums that accompanied the uncertainty surrounding President Donald Trump’s candidacy, election and what can only be described as a precedent-breaking first year in office. Just-released real estate sales reports from four agencies that do business...
Price of Netscape co-founder’s Palm Beach estate drops by $20M to $95M
 Netscape co-founder Jim Clark has greeted the New Year by lowering the price to $95 million for Il Palmetto, his ocean-to-lake estate on Billionaires Row. That’s a $20 million drop from its previously listed price of $115 million, which was down from the original $137 million Clark was asking nearly 18 months ago. The new...

Posted: 4 days ago

Netscape co-founder Jim Clark has greeted the New Year by lowering the price to $95 million for Il Palmetto, his ocean-to-lake estate on Billionaires Row. That’s a $20 million drop from its previously listed price of $115 million, which was down from the original $137 million Clark was asking nearly 18 months ago. The new...
Palm Beach real estate: North End spec house sold to Asplundh LLC
 Another North End house built on speculation has found an owner, this one from a family with longtime ties to the island. Businessman Carl Hj. Asplundh III has used a limited liability company to pay $7.3 million for a never-lived in house built on speculation at 110 Indian Road on the far North End, the deed shows.  With...

Posted: 8 days ago

Another North End house built on speculation has found an owner, this one from a family with longtime ties to the island. Businessman Carl Hj. Asplundh III has used a limited liability company to pay $7.3 million for a never-lived in house built on speculation at 110 Indian Road on the far North End, the deed shows.  With...
Report: Billionaire Ken Griffin sets real estate record in Chicago
 Ken Griffin
            , whose under-construction oceanfront mansion on Billionaires Row has generated plenty of headlines, this week made real estate news of a different sort in Chicago, where his hedge-fund firm Citadel is headquartered. PHOTOS: Ken Griffin’s seaside house plan Griffin paid a recorded $58.5 million for the top four...

Posted: 8 days ago

Ken Griffin , whose under-construction oceanfront mansion on Billionaires Row has generated plenty of headlines, this week made real estate news of a different sort in Chicago, where his hedge-fund firm Citadel is headquartered. PHOTOS: Ken Griffin’s seaside house plan Griffin paid a recorded $58.5 million for the top four...
Renovated Palm Beach house built in 1928 wins preservation award
 A 1928 house in Midtown earned a preservation award Wednesday for the homeowners who carried out a historically sensitive re-do after they bought their Spanish Mediterranean-style home nearly three years ago. Keith Johnson accepted the annual Polly Earl Award during a ceremony at the Preservation Foundation of Palm Beach. He and...

Posted: 9 days ago

A 1928 house in Midtown earned a preservation award Wednesday for the homeowners who carried out a historically sensitive re-do after they bought their Spanish Mediterranean-style home nearly three years ago. Keith Johnson accepted the annual Polly Earl Award during a ceremony at the Preservation Foundation of Palm Beach. He and...
Palm Beach Country Club president’s house brings $22.25 million
 Standing on one of the highest points in Palm Beach, a Colonial-style house built in 1938 at 726 Hi Mount Road has sold for $22.25 million, according to the deed recorded today by the Palm Beach County Clerk’s office. The four-bedroom lakeside house was the longtime home of investments executive Jeffrey B. Lane and his...

Posted: 10 days ago

Standing on one of the highest points in Palm Beach, a Colonial-style house built in 1938 at 726 Hi Mount Road has sold for $22.25 million, according to the deed recorded today by the Palm Beach County Clerk’s office. The four-bedroom lakeside house was the longtime home of investments executive Jeffrey B. Lane and his...
After buying Ivana Trump’s house in Palm Beach, couple sells other home
 Fashion designer Tomas Maier and his husband have sold their beachfront house in Gulf Stream after moving into the Palm Beach mansion they bought three years ago from Ivana Trump and substantially renovated. Maier and Andrew Preston sold their house at 3377 N. Ocean Blvd. — about 20 miles south of Palm Beach — for a recorded...

Posted: 11 days ago

Fashion designer Tomas Maier and his husband have sold their beachfront house in Gulf Stream after moving into the Palm Beach mansion they bought three years ago from Ivana Trump and substantially renovated. Maier and Andrew Preston sold their house at 3377 N. Ocean Blvd. — about 20 miles south of Palm Beach — for a recorded...
Palm Beach house brings $11.45 million — $3.5 million more than in 2015
 A North End oceanfront house that changed hands for just under $8 million two years ago has sold for $11.45 million, according to the price recorded with the deed. That’s a difference of more than $3.5 million. And both buyer and seller of 1230 N. Ocean Blvd. have ties to Virginia. The buyer, entrepreneur Joseph Edward Kasputys, also...

Posted: 11 days ago

A North End oceanfront house that changed hands for just under $8 million two years ago has sold for $11.45 million, according to the price recorded with the deed. That’s a difference of more than $3.5 million. And both buyer and seller of 1230 N. Ocean Blvd. have ties to Virginia. The buyer, entrepreneur Joseph Edward Kasputys, also...
Brinker: Fund to help displaced Puerto Ricans, others with breast care
 Palm Beacher and Susan G. Komen founder Nancy Brinker is helping spearhead a new fundraising initiative aimed at connecting cancer care providers with two vulnerable populations in South Florida — people in financial need and those who have moved to Florida from Puerto Rico and other areas following recent hurricanes. Susan G. Komen...

Posted: 12 days ago

Palm Beacher and Susan G. Komen founder Nancy Brinker is helping spearhead a new fundraising initiative aimed at connecting cancer care providers with two vulnerable populations in South Florida — people in financial need and those who have moved to Florida from Puerto Rico and other areas following recent hurricanes. Susan G. Komen...
Discount Tire’s Bruce Halle, who had home in Palm Beach, dies at 87
 Discount Tire chairman Bruce Halle, a seasonal Palm Beach resident who grew the retail chain he founded into a business empire, died Thursday, Jan. 4, 2018, according to a statement from the Arizona-based company. He was 87. Mr. Halle died in his sleep, the statement said. No cause of death was identified. Mr. Halle, who served in the Korean...

Posted: 15 days ago

Discount Tire chairman Bruce Halle, a seasonal Palm Beach resident who grew the retail chain he founded into a business empire, died Thursday, Jan. 4, 2018, according to a statement from the Arizona-based company. He was 87. Mr. Halle died in his sleep, the statement said. No cause of death was identified. Mr. Halle, who served in the Korean...
Levin sells last of two vacant lakefront lots for $14.11 million
 Beer tycoon Stephen A. Levin’s strategy of leveling his custom waterfront home at 446 N. Lake Way and selling the land vacant appears to have worked. The second of his two lakefront lots there has changed hands for $14.11 million, according to the deed recorded Tuesday. The buyers are software executive William “Bill&rdquo...

Posted: 17 days ago

Beer tycoon Stephen A. Levin’s strategy of leveling his custom waterfront home at 446 N. Lake Way and selling the land vacant appears to have worked. The second of his two lakefront lots there has changed hands for $14.11 million, according to the deed recorded Tuesday. The buyers are software executive William “Bill&rdquo...
Agent Jim McCann joins Premier Estate Properties’ new Palm Beach office
 Boca Raton-based Premier Estate Properties this week opened a Worth Avenue office, the real estate agency’s sixth in South Florida and its first in Palm Beach. And the so-called “boutique” agency, which specializes in high-end properties, already has attracted a big-name Palm Beach real estate agent. Jim McCann has left...

Posted: 17 days ago

Boca Raton-based Premier Estate Properties this week opened a Worth Avenue office, the real estate agency’s sixth in South Florida and its first in Palm Beach. And the so-called “boutique” agency, which specializes in high-end properties, already has attracted a big-name Palm Beach real estate agent. Jim McCann has left...
Mizner-designed estate of late A. Alfred Taubman listed at $58 million
 Refreshed by a two-year renovation-and-restoration project, the award-winning, landmarked estate owned by the late shopping center magnate A. Alfred Taubman at 1820 S. Ocean Blvd. in Palm Beach entered the market today at $58 million. It’s the fourth most expensive property listed in the Palm Beach Board of Realtors Multiple Listing...

Posted: 17 days ago

Refreshed by a two-year renovation-and-restoration project, the award-winning, landmarked estate owned by the late shopping center magnate A. Alfred Taubman at 1820 S. Ocean Blvd. in Palm Beach entered the market today at $58 million. It’s the fourth most expensive property listed in the Palm Beach Board of Realtors Multiple Listing...
A mile from Trump’s Mar-a-Lago, oceanfront house brings $16.745 million
 On the market for more than two years, a 22-year-old oceanfront custom home at 680 S. Ocean Blvd. in the Estate Section has sold for a recorded $16.745 million, according to the deed. That’s about $11 million less than the original listed price of the six-bedroom house, which has 11,815 square feet of living space, inside and out...

Posted: 18 days ago

On the market for more than two years, a 22-year-old oceanfront custom home at 680 S. Ocean Blvd. in the Estate Section has sold for a recorded $16.745 million, according to the deed. That’s about $11 million less than the original listed price of the six-bedroom house, which has 11,815 square feet of living space, inside and out...
Breakers Row condo buyer has link to 2013 Howard Stern deal
 A company linked to textile investor Martin Trust — who with his wife, Diane, sold their Palm Beach mansion to shock-jock Howard Stern four years ago — has paid a recorded $6.75 million for a condominium at 2 N. Breakers Row. The Trusts already owned an oceanfront unit in the same building. They bought that one...

Posted: 18 days ago

A company linked to textile investor Martin Trust — who with his wife, Diane, sold their Palm Beach mansion to shock-jock Howard Stern four years ago — has paid a recorded $6.75 million for a condominium at 2 N. Breakers Row. The Trusts already owned an oceanfront unit in the same building. They bought that one...
Estate Section house sells for $6.75 million to ‘spec’ house developer
 A limited liability company co-managed by Edward Kettenbach has paid a recorded $6.75 million for a four-bedroom house at 220 Jungle Road, home for many years to the late Patricia Gates Norris and her late husband, William King Norris. Kettenbach’s company, Barnacle PB LLC, also owns a Palm Beach property on the near North End at 221...

Posted: 23 days ago

A limited liability company co-managed by Edward Kettenbach has paid a recorded $6.75 million for a four-bedroom house at 220 Jungle Road, home for many years to the late Patricia Gates Norris and her late husband, William King Norris. Kettenbach’s company, Barnacle PB LLC, also owns a Palm Beach property on the near North End at 221...
Palm Beach real estate: Seaside condo lists at a record $16.9 million
 With an eye-popping price of $16.9 million, one of the two units at one of Palm Beach’s most unusual condominium buildings has landed on the market at 104 Gulfstream Road in Midtown. It is likely the highest price ever advertised for a Palm Beach condo in the Palm Beach Board of Realtors Multiple Listing Service, records show. The three-bedroom...

Posted: 29 days ago

With an eye-popping price of $16.9 million, one of the two units at one of Palm Beach’s most unusual condominium buildings has landed on the market at 104 Gulfstream Road in Midtown. It is likely the highest price ever advertised for a Palm Beach condo in the Palm Beach Board of Realtors Multiple Listing Service, records show. The three-bedroom...
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