search

The Real Deal Logo

Trending

Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aMarty Burger’s new venture sputters on takeoffMarty Burger’s new venture sputters on takeoffH-E-B snags 21 acres in Celina, hinting at development boomH-E-B snags 21 acres in Celina, hinting at development boomMacerich faces “imminent” default on $300M Santa Monica Place loanMacerich faces “imminent” default on $300M Santa Monica Place loan
South Florida

Malcolm Glazer’s son sells Palm Beach house

5 Middle Road (inset: Avie Glazer)
5 Middle Road (inset: Avie Glazer)

The son of late billionaire businessman Malcolm Glazer got nearly $13 million for a landmarked home in the Estate Section of Palm Beach.

Avram “Avie” Glazer and his wife Jill sold the 5 Middle Road house to Mary Jordan and Thomas A. Saunders III of New York. Saunders is a philanthropist, investment banker and chairman of Washington, D.C. think tank the Heritage Foundation. The Glazers spent $7.4 million on the four-bedroom, Colonial Revival-style home in 2004 and later completed major renovations.

Sign Up for the undefined Newsletter

Prominent architect Marion Sims Wyeth designed the house in 1935, according to the Palm Beach Daily News. It was originally listed for sale with a $15 million asking price. Lawrence Moens was the listing agent, while Cristina Condon of Sotheby’s International Realty represented the buyers.

Malcolm Glazer, who held a controlling ownership stake in the Tampa Bay Buccaneers and England’s Manchester United, died in May. The Glazer family actively buys and sells property throughout the island. [Palm Beach Daily News] — Eric Kalis

Tags
Palm Beach