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This eight-bedroom Highland Beach estate at 2455 S. Ocean Blvd., completed in 2014 by Mark Timothy Inc., a luxury home builder based in Boca Raton, sold for $50 million in May. Photo provided

 

By Christine Davis

Omaha businessman Steve Buchanan and his wife, Samantha, sold their eight-bedroom, 23,625-square-foot estate at 2455 S. Ocean Blvd., Highland Beach, for $50 million in May in an off-market deal.

When they purchased the property in April 2022 for $40 million, it had set the previous record for the highest sales price for a home in Highland Beach. Buchanan founded Buchanan Energy and Bucky’s Convenience Stores, which he sold in 2021 to the convenience store chain Casey’s General Stores for $580 million.

A Delaware-registered limited liability company named after the property’s address bought the estate.

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Whiskey Tango 1120, a limited liability company linked to WeatherTech founder and CEO David F. MacNeil, bought a 2-acre estate at 1120 S. Ocean Blvd., Manalapan, for $38.5 million. The renovated estate, with approximately 195 feet on the ocean and Intracoastal Waterway, features six bedrooms in a Bermuda-style design.

The seller, a Florida limited liability company named after the property’s address, purchased it for $30.7 million in 2021. Listed by Douglas Elliman agents Gary Pohrer and Nick Malinosky, the property entered the market in February at $39.5 million. Compass Florida agent Tim Elmes represented the buyer.

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Demetrios T. and Kathleen B. Patrinos sold their 8,359-total-square-foot estate, with 100 feet of oceanfront at 3435 N. Ocean Blvd. in Gulf Stream, for $21 million. Demetrios Patrinos is the owner of a Pittsburgh painting and drywall company.

BON Property LLC, a Delaware-registered company, is the buyer. Corcoran Group agent Candace Friis brokered the deal. Built on the 0.93-acre site in 1991, the property last sold for $7 million in 2013. 

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With construction wrapping up, El-Ad National Properties announced that phase two of Alina Residences Boca Raton is almost 80% sold. Alina achieved $65 million in sales in the first quarter 2024, and recently sold a penthouse for $10 million. Alina 210 residences are expected to be delivered this summer, with Alina 220 to be delivered late 2024. A variety of floor plans and residences are still available. Alina’s sales and model gallery is at 200 SE Mizner Blvd., Boca Raton.

***

Directors recently appointed to the Boynton Beach Online Chamber include Ben Capua III, director of operations and digital infrastructure; Christine Roberts-Kelly, director/CFO; Ian Minnerly, director of creativity and drone pilot; Tiffany Harrington, assistant to the executive chairman and operations coordinator; Drew Kapneck, director/legal counsel; Kevin Greenberg, director of city affairs; and Ben Eachus, director.  

“We have created a team curated to push one common mission: to increase the sense of community and prosperity in Boynton Beach,” said Rick Maharajh, the chamber’s executive chairman and founder. 

For more information, visit www.BBOCFlorida.com.  

***

Homeless Coalition CEO Tomara Mays received Palm Beach Atlantic University and the Jewish Federation of Palm Beach County’s 2024 Tikkun Olam Award in recognition of her two-decade commitment to reducing homelessness and creating access to services for unhoused people.

She spearheaded programs addressing needs for education, workforce development, inclusion and independence for individuals with disabilities, rehabilitation for offenders, and housing for homeless families. She volunteers her knowledge through consulting services, and shares skills with organizations such as Zeta Phi Beta sorority, National Forum for Black Public Administrators and the Women of Color Empowerment Institute.  

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Habitat for Humanity of Greater Palm Beach County ReStore in Boca Raton has new hours: 9 a.m. to 6 p.m. Monday through Friday; 9 a.m. to 4 p.m. Saturday; and closed on Sunday. The store is at 272 S. Dixie Highway. 

ReStores are home-improvement thrift stores and donation centers with five locations in the county. Sales of donated items help Habitat for Humanity partner with local families to build and repair safe and affordable homes in their communities.

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The Delray Beach Housing Authority and the Delray Housing Group Inc. were chosen as finalists for the 2024 Housing Heroes Awards by the Housing Leadership Council of Palm Beach County.

They were recognized in May at the Kravis Center for their contributions in bringing attainable housing to the county’s workforce.

West Palm Beach Mayor Keith A. James was a Housing Heroes Award winner, and Jonathan Wolf, founder and CEO of Wendover Housing Partners LLC, was the keynote speaker.  

***

Lang Realty has opened a new sales office at 6653 Jog Road, Boca Raton. Lang Realty has a roster of more than 300 agents and a presence across Boca Raton, Delray Beach, Boynton Beach, Jupiter and Port St. Lucie. 

For more information, visit  www.langrealty.com or call the Jog Road office at 561-989-2100.

***

The League of Women Voters of Palm Beach County will host a Hot Topic Luncheon, “DEIA: Election Year Issue and Impact,” with guest speaker Barbara Cheives, president and CEO of Converge & Associates Consulting, from 11 a.m. to 1 p.m. June 19.

DEIA stands for diversity, equity, inclusion and accessibility.

The lunch will be held at the Hilton Palm Beach Airport, 150 Australian Ave., West Palm Beach. The price to attend is $35. Registration must be made before June 12 online at https://lwvpbc.org/event/june-hot-topic-2024.

Cheives’ clients include the Cultural Council for Palm Beach County and Maltz Jupiter Theatre.

Her consulting expertise includes law enforcement and public safety, not-for-profit organizations, media, education and corporations. She served as the first executive director of Toward a More Perfect Union in Palm Beach County, a nonprofit initiative addressing the impact of race and ethnicity in a diverse community.


Send business news to Christine Davis, cdavis9797@gmail.com.

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