UPDATED August 23 2:57 p.m.: Barry Kaye, a former insurance whiz and the author of hallowed tomes like “Die Rich and Tax Free,” just sold his golf course mansion in Boca Raton for $5.75 million.
This castle-like home is located on just over an acre at 17791 Saxony Court in the exclusive St. Andrews Country Club. Its style is French Regency, which is hallmarked by features like a grand main entryway and wrought-iron balconies.
The Kaye family first purchased the waterfront property in 2002 for a mere $800,000, and built their home two years later.
Selling agent Mark Nestler of Nestler Poletto Sotheby’s described the home’s dining room as “palatial,” and its outdoor sculpture garden as “exquisite.” The residence measures 12,162 square feet and houses seven bedrooms, nine bathrooms and one half-bath. Among its features: wood and marble flooring, a “gentleman’s” library, cinema-style home theater and private his-and-hers bathrooms for the master bedroom.
Kaye was the center of a 2010 lawsuit filed by a South Florida couple, who alleged Kaye defrauded them after they put him in charge of planning their financial estate. According to the Palm Beach Post, he gives regular seminars on “how to die rich.”
He set his asking price at nearly $10 million in late 2015, though it appears the market whittled him down after six months.
The buyers are Edouard de La Tour d’Auvergne-Lauraguais and his wife Elizabeth Anne Harris.
Correction: A previous version of this article, citing celebrity real estate website VirtualGlobetrotting, stated Edouard de La Tour d’Auvergne-Lauraguais and his wife Elizabeth Anne Harris were descendents of the Rothschild family. The two are of no relation to the family.