The latest in a streak of high-end purchases at the elite Royal Palm Yacht & Country Club is a 8,811-square-foot spec home which traded for $7.8 million. Property records show the buyers were Jerry and Sharon Isackson, founders of Bryan Ashley International, a custom furnishings company, and was sold by spec home developer Carl E. Klepper Jr., owner of Compson
Associates, who bought the property in 2018 for $2 million.
Following a complete demolition, the new mansion completed construction this year and is situated on Royal Palm’s renowned Jack Nicklaus golf course. The mansion boasts five bedrooms, seven full and two half-baths, a pool and two two-car garages.
This recent sale marks the striking continuation of luxury buyers flocking to the South Florida market since 2020. The Royal Palm Yacht & Country Club seems to be particularly alluring for high-profile executives and financiers who are scooping up ultra-luxury properties in Boca Raton. Just last month, the former CEO of Cantor Fitzgerald paid $5.6 million for a home in the same neighborhood.
The exclusive residential enclave of Royal Palm Yacht & Country Club was founded in 1959 and is nestled along the Intracoastal Waterway and Capone Island in downtown Boca Raton. Amenities include a yacht club and marina, country club, golf course, wellness center, and five tennis courts. Since its founding over fifty years ago, the Royal Palm is a premier real estate
the destination for high society, philanthropists, community, and social leaders from all over the world.
January 8, 2020