Todd Michael Glaser Sells South Ocean Boulevard Palm Beach Oceanfront Estate For $28.5 Million

Real estate developer Todd Michael Glaser has sold an oceanfront Palm Beach estate for $28.5 million. Located at 870 S Ocean in Palm Beach's coveted Estate Section, the home is currently undergoing renovations which are slated for completion in late 2021. Chad Carroll with the Carroll Group at Compass represented the buyer while Suzanne Frisbie with the Corcoran Group represented Glaser.

870 S Ocean spans 6 bedrooms and 7.5 bathrooms spread over 7,589 SF. The redevelopment is being designed by DOMO DESIGN + ARCHITECTURE and when complete the mediterranean style home will offer the most lavish luxury finishes and a spectacular beachfront cabana and pool.

Todd Michael Glaser has been extremely active in South Florida’s ultra-luxury spec home market over the past several years. In Palm Beach Glaser is currently developing 10 Tarpon Island which he recently launched for $200 million. He is also redeveloping the former estate of the late disgraced financier Jeffrey Epstein. In Miami Glaser and his partners Randall, Robins and Fryd recently acquired the former estate of “Sábado Gigante” host Don Francisco for $23.8 million. He is also developing 37 Indian Creek which just launched for $55 million, 6015 North Bay Road, 163 Bal Cross, 386 Golden Beach Drive and a myriad of other ultra-luxury spec mansions and owner reps homes.

Imagery via Suzanne Frisbie

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Step Inside 'La Salona," A Roaring Twenties Palm Beach Oceanfront Mansion Which Just Sold For $48.5 Million

An iconic Palm Beach mansion originally built in 1926 on the famed South Ocean Boulevard just sold for $48.5 million. Named ‘La Salona,” the roaring twenties era compound was built by renowned Palm Beach architect Marion Sims Wyeth, who also designed Mar-a-Lago, and is part of a stretch of classic mansions overlooking the Atlantic Ocean. Gary Pohrer of Douglas Elliman represented the seller who purchased the home in 1989 for $2.25 million. Christian Angle of Christian Angle Real Estate represented the buyer who remains unnamed.

Located at 172 South Ocean Blvd., ‘La Salona’ features 16 bedrooms and 17.5+ bathrooms spread over 19,434 square feet on .92 perfectly located acres. The home exudes true Palm Beach style complete with a arched entry landscaped courtyard and Cypress coffered ceilings which are stenciled in a lime paste technique. The residence has been meticulously maintained and updated, the western portion most recently was renovated in 2016. The residence features a formal dining room, a wood-paneled library and multiple well decorated living areas, chef’s kitchen, breakfast nook and beautifully landscaped courtyard with a pool and sun bathing areas.

Imagery via Douglas Elliman

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The Corcoran Group To Take Over Sales Of DDG Development's 3550 South Ocean's Remaining Inventory

The Corcoran Group has been appointed to take over sales of the remaining inventory at 3550 South Ocean, a luxury condo project being developed by DDG, led by Joe McMillan. Sales will be led by Kerry Warwick who had previously oversaw pre-construction sales of the project with Douglas Elliman. The development is located at 3550 South Ocean Boulevard and was completed in 2019. 3550 South Ocean is just over 30% sold and there are currently 20 units remaining on the market priced from $1.8 million. Pricing initially started at $2.3 million when the project launched in 2016. Sales were previously overseen by Douglas Elliman Development Marketing.

3550 South Ocean features 30 units rising 7-stories, designed by the Palm Beach-based GarciaStromberg | GS4studios, Kobi Karp, and interiors by the NYC-based Champalimaud. Residences at 3550 South Ocean come in 2 and 3 bedroom layouts, range in size from 2,700 SF to 3,000 SF. There are three penthouse units available with private rooftop terraces.

Units will feature private elevator access with private entry foyers, views of the Atlantic Ocean and Intracoastal Waterway, floor-to-ceiling glass, expansive chef's kitchens, and will be delivered move-in ready. A collection of five penthouses will also feature rooftop terraces. Amenities include private beach access, a beachfront salt water swimming pool and sun terrace, a fitness studio with east facing natural light, on-site surf board and stand-up paddleboard storage, private gated access and private parking.

Inside El Solano, John Lennon And Yoko Ono's Recently Listed Palm Beach Estate Asking $47.5 Million

Beatles and music icon John Lennon and his wife Yoko Ono purchased the oceanfront estate on Palm Beach’s billionaire’s row known as El Solano for $725,000 in 1980. That same estate is now back on the market for $47.5 million. El Solano was built in 1925 by iconic South Florida architect Addison Mizner before he sold it to Harold K. Vanderbilt. It traded hands several times before Lenon and Ono purchased it less than one year before Lenon was murdered in New York City. Ono sold the property in 1986 for $3.15 million and it last sold for roughly $23 million to John Sites of Wexford Capital.

El Solano is located on South Ocean Boulevard, spanning 14,000 square feet split between a 10,500 square foot main house with 7 bedrooms, 9 bathrooms, a 2-story pool house with a guest suite. The home features many of the original ornate architectural details which were a classic Mizner touch including hand-stenciled wood ceilings, stone carved fireplaces and a stone staircase. El Solano features a massive master suite with a sitting room, private office and ocean views. The grand living room was built for Vanderbilt and also overlooks the Atlantic. The home also features a grand dining room, library, family room, living room,

Outside features 1.3 acres of lush, opulently landscaped grounds complete with a tennis court and pavilion, 2 swimming pools so you are always in the sun, and 180’ of ocean frontage. The beach is located across South Ocean Boulevard where there is a private beach cabana.

El Solano is currently listed for $47,500,000 with Christian Angle of Christian Angle Real Estate.