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House in Trump security zone is listed for $12.5 million
House in Trump security zone is listed for $12.5 million

Yahoo

time16 hours ago

  • Business
  • Yahoo

House in Trump security zone is listed for $12.5 million

Another Palm Beach house is up for grabs in the security zone that borders President Donald Trump's Mar-a-Lago Club. The four-bedroom house at 112 Algoma Road is priced at $12.5 million and is a potential tear-down, according to the May 20 sales listing. The street is the third one north of Mar-a-Lago in the neighborhood that closes to through-traffic when the president is in residence at his private club. Built in 1952, the one-story house on Algoma Road is being marketed in the local multiple listing service in two categories – single-family homes and land. With 2,930 total square feet, the Bermuda-style house stands on a non-waterfront lot of about a third of an acre. It's the second house west of South Ocean Boulevard, which divides a row of direct-beachfront homes from the rest of the Estate Section. The house has been in the same family for nearly 45 years. Property records show its owned through a trust by Joyce S. Vaughn, who has it homesteaded as her primary residence in the latest Palm Beach County tax rolls. She bought the house for a recorded $385,000 in 1981 with her late husband, management-consulting executive Clother Hathaway Vaughn III. He died in 2019 at 85. Agent Margit Brandt of Premier Estate Properties holds the listing, which describes the property as having a 'bespoke' location with a 'truly elite level of privacy' and nearby deeded beach access. The listing says the house has a swimming pool but provides no details about the home's interior. 'Looking at the market today, 112 Algoma is the only dry lot available for sale in Palm Beach's Estate Section,' Brandt told the Palm Beach Daily News. 'It is also the only piece of land publicly available (in the MLS's land category) in the presidential security zone adjacent to Mar-a-Lago. This presents a special opportunity for a buyer to build their dream home in one of the most coveted, exclusive locations in the world.' Since early December, six residential properties in the Mar-a-Lago security zone have sold at prices ranging from $12 million to $27.5 million. Among those sales was another on Algoma Road. In December, that never-lived-in, five-bedroom house developed on speculation at 130 Algoma Road changed hands for a recorded $14.3 million. Two other houses are 'active' listings in the MLS's single-family category in the same neighborhood. An estate at 160 Clarendon Ave. is offered at $48.85 million by broker Lawrence Moens of Lawrence A. Moens Associates, while a house at 1048 S. Ocean Blvd. is listed at $23.95 million by agent Elizabeth DeWoody of Compass Florida. One other neighborhood house is listed in the 'pending' category of the MLS, meaning it is under contract. That's a four-bedroom house at 142 Via Palma with 7,633 total square feet, listed by Brandt at $18.95 million. When Trump is at Mar-a-Lago, security officers shut down South Ocean Boulevard in the neighborhood, opening the road only to property owners or their authorized visitors, representatives or workers. The security zone runs north from the club property for seven blocks, or about half a mile, to South County Road. Because the area is bordered by the Atlantic Ocean on one side and the Intracoastal Waterway on the other, the roadblock effectively divides the town in two, forcing through-traffic to detour across bridges into West Palm Beach and back. Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly 'Beyond the Hedges' column. He welcomes tips about real estate news on the island. Email dhofheinz@ Help support our journalism. Subscribe today. This article originally appeared on Palm Beach Daily News: $12.5M listing in Mar-a-Lago security zone is a possible tear-down

Next-door neighbor said to have paid $55.5M for in-the-works house near Palm Beach
Next-door neighbor said to have paid $55.5M for in-the-works house near Palm Beach

Yahoo

time23-05-2025

  • Business
  • Yahoo

Next-door neighbor said to have paid $55.5M for in-the-works house near Palm Beach

As expected, WeatherTech founder and CEO David F. MacNeil is on the buyer's side of a just-closed deal, valued at $55.5 million, involving an under-renovation mansion near Palm Beach. The in-the-works mansion at 1140 S. Ocean Blvd. in Manalapan is next door to an ocean-to-lake property MacNeil already owned through a limited liability company. The price was reported May 23 in the multiple listing service. MacNeil is expected to raze the mansion that just changed hands and combine it with his adjacent property, seller Joe Farrell, a luxury homebuilder, previously told the Palm Beach Daily News. MacNeil could not be immediately reached for comment. But he has made plans to build a new custom home that will straddle both properties, the Palm Beach Daily News has confirmed. In all, the purchases of the two estates totaled $94 million. The latest purchase has expanded MacNeil's estate by 1.6 acres to 3.56 acres. It also added an extra 150 feet of frontage on the ocean and the Intracoastal Waterway, booting the total to about 343 feet of waterfront on the east and west sides of his estate. Farrell had marketed his property with an asking price of $95 million, which would have included the finished mansion he was renovating for resale. But MacNeil, whose other property is immediately to the north, is said to have stepped in to buy Farrell's project while the renovation was still underway. Farrell, a Manalapan resident who heads Farrell Building Co. and Farrell Cos., spoke to the Daily News in March when the property went under contract. 'The person who bought it from me didn't want the house. He's knocking it down,' Farrell said in March In 2024, MacNeil paid a recorded $38.5 million for his estate next door , which he owns through a limited liability company. He then razed the 1950s-era house there, leaving a vacant lot measuring 1.96 acres. Both properties lie about a mile north of the Eau Palm Beach Resort & Spa, the luxury hotel that sold last year to billionaire and Manalapan homeowner Larry Ellison for about $277.4 million. The sale closed May 23, according to the MLS. MacNeil could not be immediately reached for comment. No deed for the sale had been recorded as of mid-afternoon May 23, so it's unclear if the price reported in the MLS will match the one expected to be documented at the Palm Beach County Courthouse. Farrell had been renovating the estate at 1140 S. Ocean Blvd. as a speculative project with plans to resell it. He bought the property for a recorded $32.5 million in early 2024. The costal road separates the two lake parcels of the two estates from their larger oceanfront parcels. Farrell's work crews had made progress on his extensive renovation of the 1990s-era house and the separate guesthouse by the time the buyer put it under contract on March 11. But with the sale, Farrell is stepping away from the property, he told the Palm Beach Daily News. Farrell never before had a buyer purchase one of his in-the-works projects with plans to raze it, he said in March. But opportunity knocked and he answered: 'A deal came along and I opted to leave the casino early.' MacNeil's company has owned the northern property, at 1120 S. Ocean Blvd., since April 2024. MacNeil founded and owns WeatherTech, which is based in Greater Chicago and manufactures car accessories such as floor mats and cellphone holders as well as other products, the company's website shows. He established the company in 1989. Premier Estate Properties agent Margit Brandt handled both sides of the sale, although she would not identify her clients by name. She declined to comment about the transaction. Farrell's renovation plans called for the main house to have 19,000 square feet with a 4,000-square-foot guesthouse. In all there would have been 13 bedrooms. The project changed the architectural style from Mediterranean to contemporary. Farrell is well known for building luxury homes in the Hamptons on New York's Long Island. He also has carried out real estate projects in South Florida. When Farrell bought the estate in January 2024, a down-to-the-studs renovation and addition project had been underway for several years. But Farrell said he upgraded those plans. Farrell had only the shell of the house finished when the property went under contract, he said. His plans for the estate called for two swimming pools with whirlpool spas, a pool cabana with a summer kitchen, a pickleball court and garage parking for eight cars. Improvements on the west side of the property were designed to include a new lakefront dock and seawall. The mansion's layout would have included a great room, a media room and a den-and-office. When MacNeil's company bought the northern property at No. 1120 last year, he was represented by agent Tim Elmes of Compass Florida. In that sale, the listing agents were Gary Pohrer and Nick Malinosky of Douglas Elliman Real Estate. Although sales in Manalapan have slowed over the past two years, asking prices for premium properties remain far higher than before the coronavirus pandemic-sparked the real estate boom that arrived in the area in early 2021, real estate observers say. The boom — and the escalating prices — came, in part, because some homebuyers bought in Manalapan after they couldn't find waterfront estates in Palm Beach, where housing inventory shrank dramatically during the first years of the pandemic. The housing boom also was fueled by the work-at-home trend and Florida's favorable tax climate. dhofheinz@ This is a developing story. Check back for any updates. Portions of this story appeared previously in the Palm Beach Daily News. Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly 'Beyond the Hedges' column. He welcomes tips about real estate news on the island. Email dhofheinz@ call 561-820-3831 or tweet @PBDN_Hofheinz. Subscribe today to support our journalism. This article originally appeared on Palm Beach Daily News: Neighbor said to have paid $55.5M for tear-down estate near Palm Beach

New $12.5M listing in Trump's Mar-a-Lago security zone is a potential tear-down
New $12.5M listing in Trump's Mar-a-Lago security zone is a potential tear-down

Yahoo

time21-05-2025

  • Business
  • Yahoo

New $12.5M listing in Trump's Mar-a-Lago security zone is a potential tear-down

Another Palm Beach house is up for grabs in the security zone that borders President Donald Trump's Mar-a-Lago Club. The four-bedroom house at 112 Algoma Road is priced at $12.5 million and is a potential tear-down, according to the May 20 sales listing. The street is the third one north of Mar-a-Lago in the neighborhood that closes to through-traffic when the president is in residence at his private club. Built in 1952, the one-story house on Algoma Road is being marketed in the local multiple listing service in two categories — single-family homes and land. With 2,930 total square feet, the Bermuda-style house stands on a non-waterfront lot of about a third of an acre. It's the second house west of South Ocean Boulevard, which divides a row of direct-beachfront homes from the rest of the Estate Section. The house has been in the same family for nearly 45 years. Property records show its owned through a trust by Joyce S. Vaughn, who has it homesteaded as her primary residence in the latest Palm Beach County tax rolls. She bought the house for a recorded $385,000 in 1981 with her late husband, management-consulting executive Clother Hathaway Vaughn III. He died in 2019 at 85. Agent Margit Brandt of Premier Estate Properties holds the listing, which describes the property as having a 'bespoke' location with a 'truly elite level of privacy' and nearby deeded beach access. The listing says the house has a swimming pool but provides no details about the home's interior. 'Looking at the market today, 112 Algoma is the only dry lot available for sale in Palm Beach's Estate Section,' Brandt told the Palm Beach Daily News. 'It is also the only piece of land publicly available (in the MLS's land category) in the presidential security zone adjacent to Mar-a-Lago. This presents a special opportunity for a buyer to build their dream home in one of the most coveted, exclusive locations in the world.' Since early December, six residential properties in the Mar-a-Lago security zone have sold at prices ranging from $12 million to $27.5 million. Among those sales was another on Algoma Road. In December, that never-lived-in, five-bedroom house developed on speculation at 130 Algoma Road changed hands for a recorded $14.3 million. Two other houses are 'active' listings in the MLS's single-family category in the same neighborhood. An estate at 160 Clarendon Ave. is offered at $48.85 million by broker Lawrence Moens of Lawrence A. Moens Associates, while a house at 1048 S. Ocean Blvd. is listed at $23.95 million by agent Elizabeth DeWoody of Compass Florida. One other neighborhood house is listed in the 'pending' category of the MLS, meaning it is under contract. That's a four-bedroom house at 142 Via Palma with 7,633 total square feet, listed by Brandt at $18.95 million. When Trump is at Mar-a-Lago, security officers shut down South Ocean Boulevard in the neighborhood, opening the road only to property owners or their authorized visitors, representatives or workers. The security zone runs north from the club property for seven blocks, or about half a mile, to South County Road. Because the area is bordered by the Atlantic Ocean on one side and the Intracoastal Waterway on the other, the roadblock effectively divides the town in two, forcing through-traffic to detour across bridges into West Palm Beach and back. Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly 'Beyond the Hedges' column. He welcomes tips about real estate news on the island. Email dhofheinz@ Help support our journalism. Subscribe today. This article originally appeared on Palm Beach Daily News: New $12.5M listing in Mar-a-Lago security zone is a possible tear-down

Palm Beach's own Tan Man welcomes 'Fox and Friends' to breakfast
Palm Beach's own Tan Man welcomes 'Fox and Friends' to breakfast

Yahoo

time20-05-2025

  • Entertainment
  • Yahoo

Palm Beach's own Tan Man welcomes 'Fox and Friends' to breakfast

The Tan Man is a viral Golden Boy. Palm Beach hometown guy George Hamilton busted the internet early May 20 with an appearance on "Fox and Friends." Fox News personality Steve Doocy, who recently relocated to Florida, launched his new "Morning Walk" feature, accompanied by fellow Foxie — and Palm Beacher — Bret Baier. The two walked along the Lake Worth Pier and Baier talked about golf, his tall sons and the Middle East. As they headed for breakfast at Benny's On The Beach, they met a man who was hiding his face using the backside of three Benny's menus as a tan-enhancing reflector. 'It's George Hamilton!" Doocy said when the tan man put down the menus and flashed his pearly whites. "Did you get a little glare from the teeth?" Hamilton asked. When asked how he kept them so white, Hamilton said, "They look a lot whiter because the tan is so dark." Hamilton talked about growing up in Palm Beach, and going to high school with Burt Reynolds — "He was known as Buddy then" — and how they often discussed becoming actors. Hamilton displayed his trademark humor when he responded to Doocy's "How did the tan thing start?' "I was new in Hollywood and asked some established actors what I could do to acquire a movie star persona. Cary Grant said, 'You cahn't go wrong with a great hayercut,' and Fred Astaire advised me to 'Get a good tailor.'" But a "very drunk" Robert Mitchum told him: "Don't waste perfectly good drinking time with a barber or a tailor. Just get a good tan." Something tells us that anecdote is what one would politely describe as "apocryphal," but it's dang sure entertaining. The threesome then sat down for breakfast at Benny's On The Beach, which Hamilton described as his "favorite breakfast spot." Benny's owner Lee Lipton picked up the breakfast tab. Shannon Donnelly is the society editor at the Palm Beach Daily News. Help support our journalism. Subscribe today. This article originally appeared on Palm Beach Daily News: 'Fox and Friends' segment features Palm Beach's own Tan Man | Column

Violinist phenom from Palm Beach County competes in prestigious international competition
Violinist phenom from Palm Beach County competes in prestigious international competition

Yahoo

time19-05-2025

  • Entertainment
  • Yahoo

Violinist phenom from Palm Beach County competes in prestigious international competition

A youngster who thrived in the one of the county's original elementary strings orchestras more than a decade ago, is proving the value of that early education as he takes a worldwide stage as a distinguished violinist at the age of 24. Having a seat in Palm Beach Public's choice program for strings proved just the beginning for Matthew Hakkarainen, who has gone on to perform with famed conductor Michael Tilson Thomas, studied at elite arts and music institutions, and achieved distinction at top international violin competitions. But more opportunities await. Most immediately, beginning May 19, the 24-year-old Juilliard School graduate will compete in the prestigious International Jean Sibelius Violin Competition in Helsinki, Finland. The competition, which is held every five years, is one of the "most important" in the world, said Hakkarainen in a recent interview with the Palm Beach Daily News. "The Sibelius Competition has been around for awhile," he said. "There have been a lot of great violinists who have won a prize at the competition and go on to make a great career. So it's special to be among the participants for this year's competition." Hakkarainen, who grew up in Palm Beach Gardens, began playing the violin when he was just 3. At Palm Beach Public, he honed his love for the violin under the guidance of program director Andrew Matzkow, who is now retired. "He did such a fabulous job," Hakkarainen said of Matzkow. "I did not realize until much later on how lucky I was to have music in school daily and to have a great program that got me playing all the time and helped build up our love for music. It's so great if you can get that from an early age, especially in school, because then you have it sort of built into your day. It becomes a normal thing to have your classes, but then you also practice, and you have rehearsal and you get to make music. It really just set me up on the right track." Hakkarainen continued his musical education at Bak Middle School of the Arts and Dreyfoos School of the Arts, where he further distinguished himself as a violinist. He performed at Carnegie Hall in New York City as an eighth-grader, and as a high school senior, won a $4,000 scholarship for music/instrumental at the 35th annual Pathfinder Scholarship Awards sponsored by the Palm Beach Post. Hakkarainen went on to attend the Curtis Institute of Music in Philadelphia and Juilliard before moving to Toronto to complete a Rebanks Family Fellowship at the Royal Conservatory of Music. He is set to complete his studies in May, and will immediately step into a new position as associate concertmaster with the renowned Toronto Symphony Orchestra. A concertmaster is the principal first violin player in an orchestra, and the associate typically acts as the second in command. Hakkarainen was offered the role after an audition, and he said he's thrilled at the opportunity to continue to advance his career. "Part of the reason why I'm excited to be joining them is I've always had a goal of having a leadership role in a great orchestra," he said. "One day I really hope to be a concertmaster at one of the great orchestras, and this is already an amazing step that I'm going to be an associate concertmaster here in Toronto." While Hakkarainen will continue to make Canada his home base, he expects to travel frequently for international competitions. Since 2023, he has entered competitions every few months, earning top-three finishes in France, Germany, and Poland. He also returns regularly to Palm Beach County, where his family, friends and former teachers remain. In January, Hakkarainen participated in the Chamber Music Society of Palm Beach's inaugural rising artist program. The weeklong residency offered aspiring violinists, violists, and cellists aged 20 to 30 the chance to rehearse and perform alongside seasoned chamber musicians. It culminated in a performance at the Kravis Center's Rinker Playhouse. Hakkarainen said the program was "a lot of fun." "It was really cool to be going around and performing," he said. "We went to play at Dreyfoos, my old high school, and we went to play at the VA Medical Center, which is right near our house. It was sort of surreal to be basically retracing my steps as a kid, playing in all those places." In March, Hakkarainen returned home to play at Orchestra Delray, and in early May, he was back again — this time to play at Bak Middle School, where his former teacher and string director, Nancy Beebe, is retiring. "It's always special to be home," he said. Hakkarainen said he is grateful to his hometown community for giving him the chance to grow as a musician and pursue his dreams. "Looking back, I can see how fortunate I was to grow up in a place that has a love for the arts," he said. "Throughout my time in school, I was so fortunate to have it as a part of my life, and it's definitely a big reason why I am where I am now." Jodie Wagner is a journalist at the Palm Beach Daily News, part of the USA TODAY Florida Network. You can reach her at jwagner@ This article originally appeared on Palm Beach Post: Palm Beach County violin phenom competes in Helsinki, Finland

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