Malcolm Glazer’s son sells Palm Beach house

Miami /
Jul.July 07, 2014 11:15 AM

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.

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


Related Articles

arrow_forward_ios
Jimmy Buffett and 309 Garden Road (Getty, Denise A. Hanley)

Selling paradise: Jimmy Buffett gets $7M for Palm Beach home

Selling paradise: Jimmy Buffett gets $7M for Palm Beach home
Shahla and Hushang Ansary with Sun and Surf One Hundred building in Palm Beach (Getty, Google Maps)

Billionaire’s wife pays $14M for Palm Beach penthouse and cabana

Billionaire’s wife pays $14M for Palm Beach penthouse and cabana
Widow of late San Francisco Giants owner buys Palm Beach home

Widow of late San Francisco Giants owner buys Palm Beach home

Widow of late San Francisco Giants owner buys Palm Beach home
8 Windsor Court and Jonathan Sack (Google Maps)

Attorney buys Palm Beach mansion for $13M

Attorney buys Palm Beach mansion for $13M
Lawrence Kaplan and Bart Halpern with 2299 Ibis Isle Road East, Palm Beach (Getty, Corcoran) 

Textile designer pays $7M for waterfront Palm Beach home

Textile designer pays $7M for waterfront Palm Beach home
Scott and Kimberly Goodwin and 232 Bahama Lane, Palm Beach (Patrick McMullan/Getty, Corcoran)

Hedge funder buys Palm Beach spec home for nearly $6M

Hedge funder buys Palm Beach spec home for nearly $6M
249 Seabreeze Ave, Palm Beach

Driving away: Taxi magnate sells Palm Beach home for $6M

Driving away: Taxi magnate sells Palm Beach home for $6M
South Florida’s residential markets bounced back in the third quarter

South Florida’s residential sales rise in Q3, led by surge in Palm Beach County

South Florida’s residential sales rise in Q3, led by surge in Palm Beach County
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...