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.

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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

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