Developer Todd Michael Glaser has purchased his fourth landmarked home in Palm Seaside, having paid out a recorded $23.75 million for a house built in 1928 on a extend of lakefront in the Estate Area.
The nine-bed room dwelling at 210 Via Del Mar has unique French Normandy-style architecture and was built by mentioned architect Maurice Fatio of Treanor & Fatio. Beforehand renovated and restored, the house stands on about 50 % an acre with 150 toes of frontage on the Intracoastal Waterway.
With 12,114 complete square ft, the dwelling had been house to Robert L. and Lynette Miller, who acquired it in August 2013 for $10.3 million. It transformed fingers by using a deed recorded Tuesday.
Glaser plans to use the dwelling as a residence for his relatives, he informed the Palm Beach front Each day Information. The deed displays he purchased the assets through a restricted liability firm named after the property’s deal with.
Glaser bought the three other landmarked houses he owned soon after embarking on renovation assignments via his company, Todd Michael Glaser. He spent the majority of his vocation in actual estate development in Miami-Dade County but over the earlier four years has concentrated on progress and renovation projects in Palm Beach front, the place he has an business office.
Extra:Glasers offer landmarked dwelling they restored at 1221 N. Lake Way
Glaser produced national headlines in March when he purchased — and last thirty day period razed — the former Palm Beach front house of the late sexual intercourse offender and disgraced financier Jeffrey Epstein at 358 El Brillo Way. Glaser has declared ideas to develop a house there on speculation, despite the fact that the house was detailed last 7 days, vacant, at just less than $30 million with a new tackle — 360 El Brillo Way.
The dwelling on Through Del Mar is the 2nd Palm Seashore home Glaser has acquired this thirty day period, house documents clearly show. By way of a deed recorded May perhaps 3, he and a pair of investors compensated a recorded $16.325 million for a non-landmarked dwelling Glaser designs to renovate for resale at 576 Island Drive on Everglades Island.
On By using Del Mar
Robert Miller and his son, Myron M. Miller, who are both of those in the serious estate expenditure and development business, sold the residence on Via Del Mar as trustees of an irrevocable trust in the title of Lynette Miller, the deed shows. Members of the Miller loved ones could not be attained for comment.
With its 50 percent-timber information, the house’s architecture was a hanging departure from the numerous Mediterranean-design residences that ended up built in the course of the 1920s growth years in Palm Seashore. Fatio created it for Maria Melvina “Nia” Sawyer Chase, his upcoming mom-in-legislation.
The city granted the household landmark safety in 1993.
Broker Lawrence Moens of Lawrence A. Moens Associates taken care of each sides of the sale. He couldn’t be reached.
With ties to Cleveland, Robert L. Miller has a qualified resume that features heading MLR Management LLC of Tequesta. The Miller family’s projects have provided marinas, resorts and procuring facilities. Many many years back, a spouse and children corporation also oversaw significant advancements at the 13-acre Jupiter Pointe Club & Marina.
The household has been through quite a few renovations since it was constructed, town documents exhibit, together with tasks carried out by past owners Edward and Patricia Cook dinner Leo and Kathyrn Vecellio and Anastasia Coleman and her ex-husband, Alexander P. Coleman.
The property was most recently refreshed with an update that gave the living areas a extra fashionable experience, while primary facts ended up left intact. The latter things include the grandly scaled living room’s dramatic beamed-and-trussed peaked ceiling, which soars 30 toes. In the eating home is yet another wood-clad ceiling, though the foyer retains its initial tiled floors and a curved staircase.
Moens mentioned the residence for sale in November 2019 at $20.85 million, despite the fact that he raised the price to $25 million about a year later on, in accordance to records in the neighborhood several listing service. That’s the rate it carried when Glaser bought it.
Moens also retains the listing for the former Epstein lot on El Brillo Way.
Moens’ product sales description for the dwelling on Through Del Mar mentioned “several bedrooms and gracious spaces on every level” as very well as the property’s “broad and expansive see of the lake.”
Other interior facts involve an elevator, a fireplace, a damp bar and a temperature-controlled wine place. A lawn stretches toward the seawall and its dock.
In 2017, Glaser and his spouse, Kim, bought their first Palm Beach front landmarked house at 1221 N. Lake Way and carried out an award-profitable restoration at the 1937 lakeside assets just before selling it for a recorded $14.3 million in April. Glaser renovated his second landmark at 125 Via Del Lago right before he and an financial investment group sold it 2019 for a recorded $16.1 million. And Glaser was in the center of re-undertaking the third, at 127 Dunbar Street, when he and his spouse bought it for a recorded $26 million in March. At the latter house, Glaser is performing as the “owner’s agent” to full the renovation for the customers.
In 2018, Glaser briefly owned a up to date-fashion residence at 244 Nightingale Trail but sold it several months prior to the city granted the house landmark protection.
Much more: Glaser sells renovated landmark for $16.1 million at 125 By using Del Lago
Glaser and traders also have developed on speculation and marketed new properties in Palm Seashore. People include a townhouse duplex and three Palm Seashore residences, such as just one that modified fingers in late April for $17.45 million at 259 Pendleton Ave. in Midtown.
This is a creating tale. Examine back for updates.