MagicJack inventor’s widow buys house under construction in Palm Beach
Her current home along South Ocean Boulevard is on the market for $25M
Michele Borislow, the widow of Daniel Borislow, the inventor of MagicJack, just spent $7.1 million for a house under construction in Palm Beach, property records show.
The planned house at 198 Via Linda sits on a 20,000-square-foot lot, on the southwest corner of North County Road and Via Linda. The two-story, 6,405-square-foot house will feature five bedrooms, eight bathrooms and four half-baths, according to Realtor.com.
Jyrki Salminen, an entrepreneur and real estate investor, sold the property for about $350 per square foot. Records show he paid $2 million for the property in 2012. He was initially designing the a custom home, but decided to sell it while the market was “strong,” according to the Palm Beach Daily News.
It hit the market in November for $10.6 million with Natalie Paavola of Linda A. Gary Real Estate, meaning it sold at a 33 percent discount off its original asking price.
Traci DeGeorge of Waterfront Properties and Club Communities represented Borislow. DeGeorge is also the listing agent for Borislow’s current home at 1045 South Ocean Boulevard, which is on the market for $25 million, according to Realtor.com. It hit the market in 2016 for $27.5 million.
According to published reports, Daniel Borislow’s love of soccer played a key role in buying the home along South Ocean Boulevard, because it has an adjacent lot large enough to play the sport.
In 2011, Borislow bought the Washington Freedom team in the Women’s Professional Soccer league and renamed the team MagicJack. He died in 2014 at age 52 while playing soccer in Jupiter.
Just last week economist Joseph Kasputys paid $11.4 million for a waterfront home also in Palm Beach.