Fatio-designed Casa Eleda sold for nearly $16M

22,253-square-foot home in Palm Beach has 8 bedrooms
June 20, 2013 03:00PM

Maurice Fatio and Casa Eleda

UPDATE, 9:56 a.m., June 21: The architect perhaps most closely identified with Palm Beach is the late Maurice Fatio.

Casa Eleda, one of the many historic homes he designed before his death in 1943, sold this month for $15.975 million, a drop from the $22.5 million listing price, the South Florida Business Journal reported.

Corcoran Group broker Jim McCann had the listing, while his colleague Alison Newton brought the undisclosed buyer. Built in 1928, the 22,253-square-foot home at 920 South Ocean Boulevard in Palm Beach includes eight bedrooms and an expansive courtyard with three loggias. It includes Italian Romanesque design elements by the Swiss-born architect, the publication said.

In addition to the 154 square feet of oceanfront, a private tunnel below the boulevard leads to a 400-square-foot beachfront cabana, which has air conditioning, a bathroom and kitchenette.

Other recent sales for homes designed by Fatio include the Buenos Recuerdos home, Villa Today, and a residence at 550 South Ocean Blvd. [South Florida Business Journal] Mark Maurer