Todd Michael Glaser and his partners have sold Tarpon Island, Palm Beach’s only private island, for a record $152 million. This sale is the most expensive residential deal in Florida and likely the U.S. The mansion, which features 11 bedrooms and 15 bathrooms, was renovated and expanded by Glaser, who had marketed it for more than $200 million at one point. The deal also sets a new record for lakefront properties in Palm Beach and is the biggest home sale in South Florida so far this year. Glaser, a prominent home developer, stated that nine-figure home sales are creating a new $100M asset class in the luxury real estate market. The buyer of the property remains unknown.
Todd Michael Glaser sells mansion on private island in Palm Beach for $150M https://t.co/MIvzzGIlEJ
The sale marks a new record for lakefront properties in Palm Beach. Developer Todd Michael Glaser renovated and expanded the estate, at one point marketing it for more than $200 million. https://t.co/ASx1YI2oxC
I'm fascinated by those who pull off making a new real estate market, as David Walentas 🐐 did w/ Dumbo and Gary Barnett 💎 did w/ Billionaires' Row. I'd argue that what Todd Glaser is doing in Palm Beach is just as interesting. Here's ten31's breakdown. https://t.co/gIshynn6aW
The deal is the biggest home sale in South Florida so far this year. The mansion features 11 bedrooms and 15 bathrooms. https://t.co/BHkERwuWZX
Palm Beach’s only private island sells for a record $152M https://t.co/mqr8xICcJM https://t.co/7217WgL079
Todd Michael Glaser and partners sell Tarpon Island mansion for $152M in the biggest resi deal in Florida and likely the U.S. Buyer is unknown. #retwit https://t.co/iE7bA6BwE8
“We’re developing a new asset class,” says Palm Beach-based home developer Todd Glaser as nine-figure home sales skyrocket. “This new $100M asset class is on fire.” https://t.co/A45vKgJTMF
Breaking: Tarpon Island sells for $152M, setting new lakefront-sale record in Palm Beach https://t.co/qWmC8lLb5X
1 of the properties mentioned in our Odd Lots hit – Todd Glaser's Tarpon Island in Palm Beach – just closed for $152M. I had talked w Tracy & Joe about how ultra-luxe spec homes (when done right) are their own asset class, and if you make the market in a region you can make $$$ https://t.co/ALrjotJeqN
Todd Glaser, partners sell Palm Beach’s most expensive home for $152 million, @kkallergis reports https://t.co/2TbhLpieTW