This property at 1960 S. Ocean Blvd. in Manalapan was purchased by Stewart A. Satter of Carnegie Hill Development, who called it ‘a one-of-a-kind.’ But he said the house is dated and that he may have it torn down and replaced with two spec homes. Photo provided
By Christine Davis
Former Manalapan Mayor Stewart A. Satter, head of Carnegie Hill Development, recently bought the ocean-to-Intracoastal estate at 1960 S. Ocean Blvd. for $27.5 million. The 12,221-square-foot home was sold by 1960 South Ocean LLC, managed by West Palm Beach attorney Maura Ziska, and was purchased for $20.45 million in 2021.
Built on the 3.92-acre site in 1989 and featuring 350 feet of frontage on both the ocean and the Intracoastal Waterway, the home has nine bedrooms, a movie room, 30-car garage, office, greenhouse, wet bar, summer kitchen, putting green, a dock, oceanfront cabana and tunnel to the beach.
Nick Malinosky and Gary Pohrer of Douglas Elliman brokered the deal.
“It’s a one-of-a-kind,” Satter said, adding that he’s considering building two spec houses on the lot. “It’s a very large lot, the nicest piece of land in Manalapan and abuts Larry Ellison’s property. The house has no value; it’s dated and does not have the characteristics and features people want today.”
The property had also been owned by another former Manalapan mayor, Tom Gerrard, in the early 2000s. He kept part of his extensive car collection there.
***
A trust in the name of Andrea Jane Acker sold an oceanfront estate at 3719 S. Ocean Blvd. in Highland Beach for $20.8 million. It was purchased by the 3719 S. Ocean Blvd. Land Trust, with Mark R. Brown as trustee.
Senada Adzem of Douglas Elliman represented the seller, while Sarah Galperin of Compass represented the buyer.
Built on the 0.46-acre site in 2016 and called “Casa Blanca,” the 9,193-square-foot, eight-bedroom home features a gym, office, elevator, balcony, summer kitchen, a built-in aquarium and a bar.
Acker was a co-owner and an executive at Northeastern mattress retailer Sleepy’s from 1980 until it was sold to Mattress Firm in 2015. She served as a director/board member of BurgerFi.
***
MDM 217 FL LLC, managed by Meghan Berndt, a family office manager at Shannon Berndt Advisors in Pewaukee, Wisconsin, sold the five-bedroom, 7,342-square-foot townhouse at 4513 S. Ocean Blvd. in Highland Beach to Gary B. Patrick and Ellen B. Patrick.
The selling price was $18.76 million.
Gary Patrick is the senior vice president and global advertising director at Skechers and Ellen Patrick is a yoga entrepreneur.
Gary Pohrer and Nick Malinosky of Douglas Elliman represented the seller in the deal, while Nancy Ghen of Coldwell Banker Realty represented the buyers. The home last traded for $13.5 million in 2021.
***
Leslie and Janet O’Hare recently sold a new 9,577-square-foot estate on the Royal Palm Yacht & Country Club’s golf course at 272 Thatch Palm Dr., Boca Raton, to a trust in the name of Kapil Dilawri, for $16.39 million.
Dilawri heads Dilawri Group of Companies in Ontario and runs a large auto dealership group. David W. Roberts of Royal Palm Properties brokered the deal. The new estate was built by SRD Building Corp. and designed by architect Jack Conway with interiors by P&H Interiors. The O’Hares, who bought the property in December 2021 for $4.995 million, listed it for sale in November 2022 for $22.75 million.
***
YoAtrium LLC, Icug LLC and Heywood LLC, all managed by Alan Rutner in Boca Raton, sold 4.27 acres at 2607, 2617, 2703 and 2755 S. Federal Highway, Boynton Beach, to Fed27 LLC, part of Fort Lauderdale-based Affiliated Development, for $12.03 million.
The deal included $6 million in seller financing. Rutner assembled the properties in 2016 and 2017 for a combined $3.9 million. Affiliated Development obtained approval through an administrative process in Boynton Beach, citing the Live Local Act. Its project, the Dunes, proposes to have 336 apartments and 2,600 square feet of ground-floor commercial space in eight stories, with at least 60% of the units to be for workforce housing.
Affiliated Development will seek building permits for the Dunes and plans to start construction in four to six months.
***
Tideline Palm Beach Ocean Resort and Spa, 2842 S. Ocean Blvd. in Palm Beach, is now booking reservations after its $20 million renovation, which commenced in August 2023.
“My vision was to go beyond the boutique hotel concept and offer discerning guests a place that feels like home,” said owner/developer Jeff Greene. “We offer the best of everything here, from the very best wines and spirits to opulent Italian Fili D’oro bed linens to the ultimate rain shower experience in every room,”
With 134 rooms and suites, Tideline is offering a special introductory room rate of $455 per room for a limited time. The Spa at Tideline, a 6,000-square-foot retreat, is a two-time winner of Condé Nast Traveler’s Readers’ Choice Awards as one of the best spas in the United States. The spa is offering the Oasis Spa special for $285, which includes a massage and facial. Its restaurant, Brandon’s, is newly redesigned. For reservations and information, visit www.tidelineresort.com.
***
As the Seagate Hotel & Spa and Beach Club lays the groundwork for renovations, 69 employees are being laid off.
The hotel, at 1000 E. Atlantic Ave. just two blocks from the beach, and the Beach Club at 401 S. Ocean Ave. are due for major remodeling, according to Heather Hedrick, the hotel’s director of human resources.
“The Seagate will undergo planned renovations in the coming months which will result in temporary closures of specific areas,” Hedrick said.
Employee separations will begin on May 20. Among employees on the chopping block are servers, cooks, chefs, bartenders and retail workers. Hedrick said those workers will have opportunities to explore employment for additional positions as improvements are unveiled throughout the year.
The property, which opened in 2009 and has undergone previous renovations, plans to create an additional 40 jobs through the development of new food and beverage offerings and overall increases in capacities to existing footprints, Hedrick said in an email to The Coastal Star.
Hotel guests not only have exclusive access to restaurants and a private beach, but also use of a championship golf course four miles west of the property, spa and swimming pools.
***
The Seagate is offering a Seagate Shotmaker package with access to the renovated golf course. As part of the deal, guests will receive 20% off of room accommodations and two complimentary cocktails when they book between April 1 and Sept. 30, and will receive 50% off a round of golf. For information, call 561-665-4800 or visit seagatedelray.com.
Additionally, seven-time Grand Slam singles champion Venus Williams chose the Seagate Hotel’s golf club as the backdrop for her new Happy Viking photo shoot. At these ad campaign vignettes, she showcased her superfood meals while cooking healthy, working out and of course, playing tennis.
Happy Viking offers plant-based meal shakes with protein, fruits and vegetables, probiotics and prebiotics, superfoods, vitamins and minerals, ancient grains, electrolytes, DHA omega-3, fiber, and more.
After being diagnosed with an autoimmune disease in 2011, Williams became passionate about plant-based nutrition and developing better foods to improve her body and mind.
For more information, visit drinkhappyviking.com.
Also, the Seagate hired Dmitriy Kakuschke as its executive chef. He will oversee its hotel, beach club, yacht club, and golf club culinary operations teams.
Previously, Kakuschke worked at JW Marriott in Nashville, Tennessee, as executive chef at Bourbon Steak, managed by Michelin-starred chef Michael Mina. During his tenure there he helped garner distinctions that included Top 10 Fine Dining Restaurant in the Country, Top 1% of Restaurants Worldwide and Best Restaurant in Nashville.
***
In February, Lifespace Communities received approval to expand its Harbour’s Edge senior living facility, 401 E. Linton Blvd., Delray Beach. The waterside facility has 266 beds for independent living and 54 beds for assisted living.
With the goal to help residents age in place, the operator plans to construct a three-story, 39,990-square-foot building with 24 beds for assisted living and 16 beds for memory care. The building will include a dining area, kitchen, lounge, activity rooms, salon and fitness center. WGI is the planner, landscape architect and civil engineer. LB/A is the architect, and FJO Group Inc is the traffic engineer.
***
Morgan Clark has joined the Boca Raton-based Basis Industrial, a real estate owner and operator, as its director of investor relations. Clark oversees and manages all operational and capital management activities. Previously, he led investor relations and fund management for Foundry Commercial’s development and investment platform, where he oversaw seven investment funds with a total gross asset value exceeding $4 billion.
***
Boca Raton resident Kelly Gerber, an agent with Douglas Elliman, was named sales director for the Glass House Boca Raton development. Douglas Elliman Development
Marketing is the sales and marketing team for Glass House, 280 E. Palmetto Park Road. Sales for Glass House Boca Raton launched in February, with pricing ranging from $2.5 million to $6.9 million. Groundbreaking is slated for the first quarter of 2025, with a completion date of the fall of 2026.
***
The Boynton Beach Community Redevelopment Agency and city of Boynton Beach have partnered with Circuit’s Coastal Cruiser ride-share service.
For residents and visitors, this pilot program offers transportation within two distinct zones in Boynton Beach. Zone 1 encompasses a portion of the Community Redevelopment Agency area to points like the City Hall and library municipal building, Boynton Harbor Marina, and a variety of businesses and restaurants. Zone 2 transports passengers to Oceanfront Park.
The service is available Sunday through Thursday from 10 a.m. to 8 p.m., and Friday and Saturday from 10 a.m. to 10 p.m. All rides are available on-demand, and need to be booked via the Ride Circuit app.
The Coastal Cruiser fleet features all EV vehicles — two Kia Niro sedans and two GEMs, including one ADA accessible vehicle. Fares start at $1 per rider for Zone 1, with rides in Zone 2 being $2 for the first rider and $1 for each additional rider. For more information, visit www.boyntonbeachcra.com/bbcra-projects/circuit-rideshare.
***
Just in time for Mother’s Day, shoppers who spend $200 at downtown Delray Beach fashion boutiques, specialty stores, gift shops, art galleries, spas, salons and fitness studios during the week of May 6-11 can get a free Phalaenopsis orchid. The promotion is a partnership of the Delray Beach Downtown Development Authority and the Downtown Merchant & Business Association.
With valid receipts totaling $200, shoppers can pick up orchids on May 10 or 11 from 11 a.m. to 4 p.m. at the Seagate Hotel, 1000 E. Atlantic Ave.; Avalon Gallery, 425 E. Atlantic Ave., or the Cornell Art Museum, 51 N. Swinton Ave.
For more information, visit https://downtowndelraybeach.com/mothersday.
Send business news to Christine Davis at cdavis9797@gmail.com.
Comments