The Real Deal Miami

Serena Williams serves up land in Jupiter to Patrón CEO

Williams sold a vacant lot at Bear's Club for $6M
By Keith Larsen | May 24, 2018 01:30PM

Serena Williams and the Bear’s Clubs property

Drinks are in order for tennis star Serena Williams.

One of the most accomplished professional athletes in the world just sold a 2.4-acre vacant lot at 152 Bear’s Club Drive in Jupiter for $6 million to Patrón Spirits CEO Edward Brown and his wife Ashley, property records show. The price equates to $2.5 million per acre.

Williams paid $4.12 million for the land in 2013, serving her a profit of $1.88 million.

The lot is located near the 18-hole golf course at Bear’s Club, which was founded by golfer Jack Nicklaus and his wife Barbara.

Brown, who has been CEO of Patrón since 2000, owns other expensive property in South Florida. In April, Patrón Spirits International AG was acquired by Bacardi Ltd. for $5.1 billion.

In March 2017, Brown spent $20 million for a six-bedroom, 10,769-square-foot mansion in Hillsboro Beach, records show.  That was shortly after he sold a 3-acre waterfront estate at 1370 South Ocean Boulevard in Manalapan for $40 million.

The residences at the Bear’s Club share access to the golf course and a 40,000-square-foot clubhouse. The community has been home to celebrities like basketball legend Michael Jordan and professional golfers Luke Donald, Ernie Els and Michelle Wie.