Don King Re-Lists Oceanfront Florida Estate for Reduced Price

The Estate features two elaborate houses and is on the Market for the second time for a reduced price of $20 million.

Don King, the renowned boxing promoter has re-listed his extensive property featuring generally two of everything. Two mansions sit on the property along with two pools, two private docks, and two stunning water views. Located mere steps from the beach, this 14 bed 20 bath Manalapan property is luxury at its finest. Feeling more like a resort than a home, you could consider yourself on vacation for life if you are willing to put up the $20 million the property is listed for. Remarkably, this is a deal considering the house was on the market last year for $27.5 million. The “main house” features an embellished foyer, large kitchen, ornate dining room, outdoor cabana area, and nine bedrooms. If that seems overwhelming you can retreat to the “guest house” to enjoy the five bedrooms, airy living room, and full-service sundae station. With two houses, two pools, a tennis court, a court yard, water views, beach access, and the numerous waterfalls and ponds that adorn the landscape, this property is truly the definition of opulence and resort style living that Oceanfront Florida is known for. If you ever find yourself sinking too far into the lap of luxury, don’t worry; there is always the Statue of Liberty replica that overlooks the beach to remind you that you are in the United States and not in heaven.

View  property details @ Realtor.com

*photo courtesy of Ocean Villas Group

Estate of the Week: Palm Beach, FL

Sothebey’s International Realty just posted this new  intracoastal single family home located in Palm Beach, Florida. The classic Italian-styled estate features its own private dock created by Euro Homes builder. It has 6 bedrooms, 7 bathrooms, one half bath, a library, 3 fireplaces, infinity swimming pool with waterfalls, a guest house pavilion, a commercial size elevator and 3 car garage.

The estate is selling for $15,900,000

You can find the listing here

Last of Maddoff’s Properties Sold

Bernard Maddoff’s home located in Palm Beach, Florida is under contract to be sold for an undisclosed amount.

The house which was built in 1973 was first purchased by Maddoff’s wife, Ruth in 1994. The 6,475 square-foot home has 5 bedrooms, 7 bathrooms, a private dock on the shore of Lake Worth, and a Lagoon that opens up to the Atlantic Ocean.

This home is the last of Maddoff’s properties to be sold to pay restitution to victims of his Ponzi scheme. Maddoff is currently serving at a federal prison in North Carolina serving his 150-year sentence.

The home which originally was valued at $8.49 million in September of 2009 decreased to $6.5 million by August of this year.

Design Company Robb & Stucky Redesigns Breakers, Palm Beach

The Breakers in Palm Beach has always been notorious for producing first class hotel rooms and five-star services, making the resort one of the most desirable oceanfront locations in America. However, even a hotel styled with Italian-Renaissance architecture needs a facelift every now and then.

Hospitality-1st recently reported that the Interior Design Company Robb & Stucky will be working with the breakers to redesign 69 luxurious oceanfront guest rooms and suites in the Palm Beach Hotel.

“The Breakers Palm Beach is extremely pleased to partner with a reputable company such as Robb & Stucky,” said Alex Gilmurray, chief financial officer of The Breakers. “They have displayed a keen understanding of our product and we look forward to unveiling these revitalized rooms to our guests.”

Dan Lubner, the Hospitality Design Division President for Robb & Stuckey noted, “We were thrilled to create the furnishings for this property. Our intention was to ensure that the new interiors pay tribute to the historical relevance of the 114-year old resort while still providing guests with the comfort and elegance of today’s contemporary furnishings.”

Kris Kolar, the ASID and Robb & Stucky’s VP of Interior Design commented saying “Due to the historic character of the building, the units were not identical in size. This meant that space planning was a critical element of the project and furnishings had to meet certain requirements to complement the premium taste levels of the resort’s guests. First, we presented The Breakers with a 3-D rendering of our design for the finished room, plus carpet, wallpaper and drapery samples. Then, we manufactured furniture prototypes and installed a “sample unit”, which contained the total interior design, all the way down to the smallest accessories. After approval, we custom crafted every element for these elegant interiors.”

The installation of new furnishings began at the end of June with all units completed by the end of August.

However, this isn’t the first time the Interior Design company has worked with The Breakers. They previously worked on numerous assignments including furnishings for residential accommodations at Breakers Row apartments at the landmark property, which resulted in a prestigious Silver PRISM design award for the “Best Living Room for a Low Rise Condominium” by Gold Coast Builders Association.

About The Breakers Palm Beach Founded in 1896 and listed on the National Register of Historic Places, The Breakers Palm Beach, with its 540-rooms and Italian Renaissance-style architecture is one of America’s most famous oceanfront resort destinations, located on 140 acres of oceanfront property.

About Robb & Stucky Interiors Founded in Florida in 1915, Robb & Stucky Interiors is a nationally respected interior design and premium furnishings retailer with 20 showrooms in Texas, Arizona, Nevada and Florida, including showrooms in Palm Beach Gardens and Boca Raton. The company’s Hospitality Design Division (www.RobbStucky.com/Hospitality) has expanded both domestically and internationally with increasing commercial design assignments for hotels, condominiums, timeshare and fractional resorts located from Denver to Dubai.

For additional information, contact
Dan Lubner at 239-561-6070

*Credit: Hospitality 1st

Palm Beach, Florida

palmbeachflBritish West Indies/Georgian-style architecture merges with contemporary interior design at this stately 12,700-square-foot oceanfront mansion on North Ocean Boulevard. Built in 1998, the home includes seven bedrooms, eight and a half bathrooms, oak parquet floors, coffered and barrel-vaulted ceilings, and a custom-designed table surrounded by Brueton leather and chrome chairs in the dining room. The huge custom kitchen features bar stools, a breakfast room, and granite countertops, as well as a full island with a sink and wine cooler. Relax in the multimedia room with a coffered ceiling, leather Donghia chairs, and a sofa placed in front of a drop-down screen. But all of that might not matter if you decide you never want to leave the large master bathroom, featuring a spa tub set, glass-framed walk-in shower, steam shower, and double vanities. $22,500,000, Susan Polan, Illustrated Properties Real Estate & Mortgage, Inc., 561-833-3311, susanpolan.com.

Palm Beach Marriott Opens Enticing ‘Oceana Palms’

ohma10_openings_2The Marriott’s Oceana Palms makes you feel right at home in Palm Beach. Continue reading Palm Beach Marriott Opens Enticing ‘Oceana Palms’

Palm Beach Welcomes New Five-Star Resort

082409Omphoy B4b.jpgAfter several years in the planning and design stages and just over a year of construction, The Omphoy Ocean Resort has opened its doors.

The new oceanfront boutique hotel on South Ocean Boulevard, with 134 guest rooms and suites, was developed and is operated by the Obadon Hotel Group, the hospitality firm owned by the Schlesinger family of Palm Beach. Their holdings include the Brazilian Court in Midtown and the Mayfair in Coconut Grove.

Click to read full story.

Sloan’s Curve Townhome in Palm Beach

57_OH_SO08In a town which boasts the highest direct oceanfront prices in the nation, with recent sales of $95 million and $81 million in 2008, this spectacular custom-designed, 7,500 total square-foot Direct Ocean Townhome is exclusively offered for the first time. Remodeled to perfection, this beachfront home features wood cabinets, magnificent granite countertops, Sub-Zero and Viking appliances.

The features of this extraordinary oceanfront home are endless, starting with the over 1,500-square foot master bedroom suite featuring spacious marble his-and-hers baths with custom moldings, wet bars and a retractable mirror and balcony providing breathtaking Atlantic Ocean views. The home offers three additional bedrooms plus a den, seven bathrooms, a bi-level atrium with dramatic spiral staircase, formal living and dining areas with incredible water views, and a private elevator with rooftop deck possibilities. Additional selling points include the hurricane impact windows, skylights throughout and the fireplaces time maintenance and security, and a first class tennis facility. $7.65M

Bright, spacious, and a one-of-a-kind opportunity sums up this incredible, lowest-priced oceanfront home in Palm Beach.

For more information contact Donald Gorbach at 561.707.6210 or donaldgorbach@cocoran.com

Historic Fatio Oceanfront Estate

One of Maurice Fatio’s finest works, this grand 1929 estate on 288 feet of ocean frontage is a landmarked Gilded Age masterpiece, restored to its original splendor. Lyrically picturesque architectural elements and fine details are showcased. The spectacular oceanview living room with fireplace is encased in museum-quality linenfold paneling. Ironwork-and-glass doors open to a lakeview dining loggia, creating a wonderful flow for indoor/outdoor entertaining. The open-air loggias and cloister extend around the serene lakeview garden courtyard with fountain. A gallery with hand-painted tile ceiling enters the banquet-sized dining room with fireplace and French doors to an oceanside terrace. The magnificent 60-foot pool with original tile sits aside the 2-bedroom pool house with kitchenette. North/south hydro tennis court, air-conditioned beach cabana with wet bar. Four-car garage plus covered parking. A rare and important offering.

Mizner’s Louwana Oceanfront Masterpiece

251_mainQuite possibly the most romantic period oceanfront mansion available in Palm Beach today, held by the same family since it’s design by Addison Mizner in 1919. One of the last Great Houses of Palm Beach, a legend of architectural and historic significance. This majestically picturesque 10-bedroom villa sprawls over 1.5± acres featuring 150± feet of idyllic direct private beachfront. Exquisitely preserved in museum condition. Pool, Tennis Court, Beach Cabana. An exceedingly important and rare offering.

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