Palm Beach philanthropists sell new Gulf Stream estate for $18.5M

3333 North Ocean Boulevard in Gulf Stream
3333 North Ocean Boulevard in Gulf Stream

Palm Beach philanthropists Doris and Neil Gillman sold their waterfront Gulf Stream estate for $18.5 million.

Records show the Gillmans sold the 1.3-acre property at 3333 North Ocean Boulevard in Gulf Stream, a small town north of Delray Beach in Palm Beach County. The buyer is Sea Turtle Haven LLC, a Delaware company. No financing was recorded as part of the deal.

The Gillmans are active on the charity scene in Palm Beach and have been photographed at charity functions.

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Property records show the 9,650-square-foot house was completed in 2014 and includes marble floors, balconies, a pool and outdoor fireplace. The Gillmans paid $5.75 million for the property in 2012, demolished the previous house in 2013, then built the home. Luxury homebuilder Mark Timothy developed the house.

A listing with the Corcoran Group’s Nicholas Malinosky and Randy Ely shows the four-bedroom mansion was listed for just under $20 million. It features interiors by Marc Michaels Interior Design, a gourmet kitchen, a seaside loggia, a master wing, a three-car garage and a circular driveway. The property also has 125 feet of ocean frontage.

In May of last year, another beachfront spec mansion sold for nearly $16 million. Seaside Builders sold the house at 1275 North Ocean Boulevard for nearly $1,781 per square foot to a Virginia-based company.