Billionaire developer Donald Soffer sells Palm Beach Gardens estate

Lakefront home has been on and off market since 2013

TRD MIAMI /
Oct.October 15, 2018 02:30 PM

12251 Tillinghast Circle and Don Soffer (Credit: Getty Images)

Turnberry Associates founder Donald Soffer has sold his Palm Beach Gardens estate.

The Aventura-based billionaire developer and father of Jeffrey and Jackie Soffer, sold the home for $6.2 million to Tillinghast Holdings LLC, according to property records. The buyer is managed by Larry Ross.

The six-bedroom, 13,500-square-foot mansion is located at 12251 Tillinghast Circle.

Soffer paid $1.1 million for the lakefront property in 2004 and built the home in 2010, records show. It features a billiard room and bar, pool, motor court, tennis courts, and is in the Old Palm Golf Club community, which has an 18-hole Raymond Floyd-designed course. His neighbors include HUD Secretary Ben Carson and South African professional golfer Charl Adriaan Schwartzel.

Soffer listed the two-acre property in November for $9.9 million, and reduced the price earlier this year, according to Realtor.com. But it’s been on and off the market since at least 2013, when it was asking $15.5 million. The listing agent was Gary Pohrer of Douglas Elliman.

Soffer’s Turnberry Associates, which owns the Fontainebleau Miami Beach and majority interest in Aventura Mall, is also building a number of projects. Those include Turnberry Ocean Club in Sunny Isles Beach and SoLe Mia, a $4 billion mixed-use project that LeFrak is co-developing. 


Related Articles

arrow_forward_ios
Daily Digest Miami

Rise in climate-related home buyouts could worsen housing inequality, Eurostars parent buys historic downtown Miami property: Daily digest

Toll Brothers CEO Douglas C. Yearley, Jr. an a rendering of Avenir Community

Homebuilder Toll Brothers adds to portfolio aimed at active adult communities in Palm Beach Gardens

Jeffrey Soffer and Fontainebleau Miami Beach

Jeffrey Soffer wants to expand the Fontainebleau Miami Beach

Brenton Saunders and 14630 Watermark Way

Wrinkle-free deal? Botox parent Allergan CEO sells Palm Beach Gardens home

Broker Jamie Maniscalco and Russell Galbut with 2901 Northeast Second Avenue

Russell Galbut closes on missing piece of his Edgewater assemblage

Daily Digest Miami

Chicken Soup for the Soul publisher sells Deerfield Beach properties, pollutants discovered at new Miami Civil Courthouse: Daily digest

David Associates’ Al Marulli and the Shoppes in the Gardens

David Associates sells Palm Beach Gardens shopping center for $9M

Construction of downtown Hollywood high-rise may start soon

arrow_forward_ios