The Real Deal Miami

RetailDNA founder’s Palm Beach home sells for $5.9 million

June 28, 2011 05:31PM

RetailDNA founder Jonathan Otto has sold his home at 8 Lagomar Road for
$5.95 million, according to a deed filed in Palm Beach Circuit Court
today. Otto purchased the home in 2006 for $6.925 million from Emil and
Yvonne Solimine. Otto, the founder and CEO of RetailDNA, a cash register
technology firm, owns several other properties in Palm Beach, along
with one in Royal Palm Beach. The buyer is not yet listed in court
records. The five-bedroom, seven-and-a-half-bathroom home has 4,778
square feet of living space. — Alexander