Tour A Lavish Jupiter Waterfront Estate In The Exclusive Admiral's Cove Which Just Sold For $12.5 Million

Female entrepreneur and real estate tycoon Elizabeth M. Fago has sold her waterfront estate in Jupiter’s exclusive Admiral’s Cove community for $12.5 million. Located at 372 Regatta Dr Jupiter, Florida, the property was first listed with Chad Carroll & Matthew Dugow with Compass, who represented the seller, asking $17.495 million. The buyer is Gregory R. Cohen, as Trustee of The 372 Regatta Drive Land Trust Agreement represented by Vince Marotta at Illustrated Properties, Marotta Group.

Admiral’s Cove is one of the most exclusive marina, golf and country clubs in the U.S., home to countless high profile residents, including Donald Trump Jr. and Kimberly Guifoyle. The one-of-a-kind waterfront estate is like nothing else in the community, featuring intricately designed individual spaces which juxtapose one another with the use of marbling and the chic artwork incorporated in each room. The palatial home spans 6 bedrooms and 9.5 bathrooms and 10,123 SF.

The home nestled behind an immaculately landscaped entrance driveway leading straight past the 6-car garage to the grand foyer which greets guests with lush greenery and fountains. It features the finest finishes including rare stone and wood craftsmanship. The master suite features his and hers baths and closets with the “hers” bathroom featuring a shoe wall. A super chic pink home office, pink stone shower, a morning bar with a little library nook and book wardrobe, a regal home theater, home gym, gift wrapping room and more are among some of the other luxury features of this estate.

The outdoor space features a huge patio area surrounded by a summer kitchen, grand pool, a dock with space for entertaining and incredible sunset views of the Intracoastal. The property also features an extended guest house plus 115 feet of waterfront.

Images via The Chad Carroll Group

Check Out This Ultra-Luxe Jupiter Estate In The Coveted Admiral's Cove Club Asking $17.4 Million

Admiral’s Cove is one of the most exclusive marina, golf and country clubs in the U.S., home to countless high profile residents, including Donald Trump Jr. and Kimberly Guifoyle. This one-of-a-kind waterfront estate asking $17.495 million is like nothing else in the community, featuring intricately designed individual spaces which juxtapose one another with the use of marbling and the chic artwork incorporated in each room. The palatial home spans 6 bedrooms and 9.5 bathrooms and 10,123 SF.

The home nestled behind an immaculately landscaped entrance driveway leading straight past the 6-car garage to the grand foyer which greets guests with lush greenery and fountains. It features the finest finishes including rare stone and wood craftsmanship. The master suite features his and hers baths and closets with the “hers” bathroom featuring a shoe wall. A super chic pink home office, pink stone shower, a morning bar with a little library nook and book wardrobe, a regal home theater, home gym, gift wrapping room and more are among some of the other luxury features of this estate.

The outdoor space features a huge patio area surrounded by a summer kitchen, grand pool, a dock with space for entertaining and incredible sunset views of the Intracoastal. The property also features an extended guest house plus 115 feet of waterfront.

372 Regatta Dr Jupiter, Florida is listed for $17.495 million by Chad Carroll & Matthew Dugow with Compass.

Images via The Chad Carroll Group

Tour Marrying Millions Star Bill Hutchinson's Pink Miami Coconut Grove Castle Which Just Sold For $10 Million

“Marrying Millions” star Bill Hutchinson has sold his pink Miami waterfront castle in Miami’s hot Coconut Grove neighborhood for $10 million. The home was initially listed for $8.2 million before agents Chad Carroll and Matthew Dugow raised the price to $10.95 million. Bill Hutchinson was represented by Chad Carroll and Matthew Dugow with The Carroll Group at Compass and the buyers were represented by Meredith Zeder with The Jills Zeder Group at Coldwell Banker Realty. Hutchinson had acquired the property for $5.6 million in 2016.

The Castle-like mansion was built in 2009 and offers 6 bedrooms and 7 bathrooms spread over 12,000 SF of living space. The custom built home features Gothic architecture and contemporary finishes with a great hall, 30 foot vaulted ceilings, stone fireplaces, antique stained glass windows, French cast bronze chandeliers, Jerusalem stone floors, Cast stone window tracery, a gourmet chef's kitchen with La Cornue stove, elevator, and a rooftop sun deck. Outdoors the home features 65-feet of water frontage, a keystone-edged infinity pool, elevator, rooftop sundeck, and cement dock.

Hutchinson was the founder of real estate investment firm Dunhill Partners and appeared on both seasons of “Marrying Millions” on Lifetime. He was arrested this summer for alleged sexual assault and rape of two teenagers in Orange County, CA in which he pled not guilty and was recently sued in Texas for sexual assault. The cases are on-going.

Coconut Grove has seen intense demand among real estate buyers recently for homes and ultra-luxury real estate as new restaurants, retail and lifestyle attractions open and are announced regularly. 3503 Main Lodge Drive in Camp Biscayne just sold for $19 million the same week Related Group's Jorge Pérez sold his waterfront Coconut Grove estate for $33 million to a cannabis executive. The Miami-Dade record for most expensive home was broken with the currently under construction 3488 Saint Gaudens Road in Coconut Grove selling for a record $65 million. Jorge Mas sold his waterfront home known as Casa Bahia at 3085 Munroe Drive for $45.91 million and in June 2021 private equity investor Nathan Leight of Terrapin Partners sold 3500 and 3535 Curtis Lane for $48 million.

Images via The Chad Carroll Group

Inside The Miami Beach Market Update Panel Hosted By JDS & Douglas Elliman At Monad Terrace

Douglas Elliman and JDS Development hosted an in-depth panel discussion on July 26 exploring both developing and selling Monad Terrace as well as reviewing Miami Beach's current real estate market. The panel gave listeners insight from industry titans Jay Parker, CEO of Douglas Elliman Florida and Michael Stern, founder and Managing Partner of JDS Development. The discussion was led by Lena Katz, a writer at Forbes and was hosted in the sales gallery at Monad Terrace. Parker and Stern explored the strength of the Miami Beach luxury real estate market and how there has been steady demand and still rising prices. The duo also discussed how the location of Monad Terrace allows residents to enjoy Miami Beach as a walking city, not needing to wait in heavy traffic during high times such as Art Basel and Miami Music Week. Stern also credited Jean Nouvel for the unique design of the building and how the highly amenitized project has had steady sales under the watchful eye of Douglas Elliman Development Marketing. 

Residences at Monad Terrace range from two- to five-bedrooms and 1,453SF to 5,350 SF of interior space. Features include private elevator access, custom kitchens and bathrooms by Jean Nouvel and sprawling outdoor terraces. The building offers a true indoor-outdoor living experience, featuring climbing gardens and reflecting pools that complement the property’s central lagoon and ocean views. 

Construction on the project is well underway and is expected to be completed in fall 2019. The project's design, which was designed in collaboration with the Miami based Kobi Karp fuses environmental responsibility with innovative climate resilience features into the architecture, starting by elevating the building 11.5', well over Miami Beach standards.The tower is expected to go vertical in Spring 2018 and estimated to be completed in Fall 2019. Sales and marketing for Monad Terrace is managed exclusively by Douglas Elliman Development Marketing. 

Check out PROFILEmaimi's coverage of Monad Terrace