Key Takeaways
- A West Palm Beach home with 100 feet of waterfront sold for $11.5 million, over three times its last purchase price.
- The buyer, Gary Osier, is known for booking entertainment clients like Jerry Seinfeld and Pitbull.
- The seller, Samantha Curry, is a real estate broker who profited significantly from the sale after buying the home for $3.27 million in 2020.
- The home features modern design with a heated lap pool, a cabana, and a two-bedroom guest house.
- Unique interior elements include a LED-illuminated quartzite bar and a glass-enclosed wine cellar.
Nestled along the serene waters of the Intracoastal, a stunning West Palm Beach property has recently captured the attention of luxury real estate enthusiasts and discerning buyers alike. This exceptional home, boasting an impressive 100 feet of water frontage, has been sold for a staggering $11.5 million, marking a remarkable increase from its previous purchase price. Dive into the opulence and allure of this magnificent estate, and discover what makes it stand out in the thriving Florida real estate market.
A Record-Breaking Transaction
The sale of this luxurious property was orchestrated by Samantha Curry, a savvy real estate broker affiliated with Douglas Elliman. Samantha, alongside her husband John Michael Collins, originally procured the property for $3.27 million in 2020. Just a few years later, they have successfully managed to sell it for a price over three times their buying investment, showcasing the dynamic appreciation potential within the West Palm Beach area.
The Acclaimed Buyer: Gary Osier
The prestigious new owner of this waterfront haven is Gary Osier, an entertainment booker whose impressive clientele includes well-known personalities such as Jerry Seinfeld, Adam Sandler, Rob Lowe, and rapper Pitbull. Gary’s involvement in the entertainment industry likely adds a layer of prestige and sophistication to the property, reflecting the glitz and glamour associated with his professional connections.
Architectural Elegance and Opulent Features
Thoughtful Design
Constructed in 2003, this two-story masterpiece spans approximately 5,000 square feet, and its exterior exudes a sense of timeless elegance with white stucco walls accentuated by limestone detailing. The interior is a study in modern luxury, featuring expansive white spaces, light wood flooring, and soaring 11-foot ceilings. Here are some of the key features that add to the property’s allure:
- Modern Design Elements: Contemporary-style chandeliers, which add a touch of sophistication and ambiance.
- LED-Illuminated Quartzite Bar: A statement piece that adds both functionality and aesthetic appeal.
- Glass-Enclosed Wine Cellar: Perfect for the connoisseur of fine wines and entertaining.
Luxurious Outdoor Amenities
The property continues to impress with its outdoor amenities, which were clearly designed to cater to both leisure and lifestyle:
- Heated Saltwater Lap Pool: Offering year-round relaxation and enjoyment in the privacy of a hedged backyard.
- Cabana and Putting Green: Perfect for entertaining guests or unwinding after a long day.
- Private Dock and Boat Lift: Ideal for boating enthusiasts and water lovers alike.
Insights and Market Implications
This remarkable transaction underscores the current trends and intricacies within the West Palm Beach real estate market. With its prime location and exquisite features, this home is indicative of the types of high-end properties attracting attention in this region. As the market continues to grow, buyers and investors can expect similar opportunities to emerge, making it a compelling time to explore the luxury real estate landscape in Florida.
From Waterfront Wins to Off-Market Gold
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