Transportation execs pay $12M for waterfront Boca Raton estate

Doris and Neil Gillman sold the house at a slight loss from their 2017 purchase price

TRD MIAMI /
Sep.September 03, 2019 02:40 PM
300 East Key Palm Road

300 East Key Palm Road

A group of executives tied to a West Palm Beach transportation company hauled their money together and bought a waterfront estate at the Royal Palm Yacht & Country Club in Boca Raton for $12.1 million.

Curtis Watkins, Jennifer Wynne, Joseph Marzilli and Stanley Clark, who are tied to CGW transportation, bought the 9,203-square-foot house at 300 East Key Palm Road for $1,314 per square foot, records show. Doris and Neil Gillman sold the property.

The Gillmans bought the home in 2017 for $12.4 million, which means the home sold for about $300,000 less than what they paid. It was built in 2016 and has six bedrooms.

David Roberts with Royal Palm Properties represented the seller. Jonathan Postma with Coldwell Banker represented the buyer.

The high-end neighborhood features a country club that sits along the Intracoastal Waterway and Capone Island, along with a yacht club, a pool, a sports court, an entertainment patio and marina, fitness center and tennis courts.

In April, the head of the medical investment firm and his wife, Steven and Rebecca Scott, sold a 8,570-square-foot house at 271 West Coconut Palm Road in the Royal Palm Yacht & Country Club for $11 million, records show.


Related Articles

arrow_forward_ios
Richard Branson and Brightline train (Getty, Virgin)

Brightline ends partnership with Virgin Trains in South Florida

Brightline ends partnership with Virgin Trains in South Florida
Prentis Wilson and 1880 Sabal Palm Circle (Realtor)

Proceed to checkout: Former Amazon exec pays $5M for Boca Raton mansion

Proceed to checkout: Former Amazon exec pays $5M for Boca Raton mansion
310 East Alexander Palm Road (Realtor.com)

Cumberland Farms scion buys waterfront Boca Raton home

Cumberland Farms scion buys waterfront Boca Raton home
Stephen Siegel of Fairstead, 21000 Ruth and Baron Coleman Boulevard in Boca Raton (Credit: Google Maps)

Jewish Federation sells Boca Raton senior living facility for $34M

Jewish Federation sells Boca Raton senior living facility for $34M
5001 Egret Point Circle, Jeff Levitetz (Credit: Google Maps)

That’s a lot of lettuce: Grocery distributor lists Boca Raton mansion for $23M

That’s a lot of lettuce: Grocery distributor lists Boca Raton mansion for $23M
Carmen N. D'Angelo, Jr., Kevin Kreutzfeld and 4111-4121 Ibis Point Circle

Wife of rock salt magnate buys waterfront Boca Raton lots for $7M

Wife of rock salt magnate buys waterfront Boca Raton lots for $7M
Michael Dell and Boca Raton Resort & Club

Michael Dell’s MSD Partners plans major changes to Boca Raton Resort & Club

Michael Dell’s MSD Partners plans major changes to Boca Raton Resort & Club
Virgin Trains (Credit: iStock)

All aboard? Miami-Dade to start discussions with Virgin Trains over major expansion

All aboard? Miami-Dade to start discussions with Virgin Trains over major expansion
arrow_forward_ios

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

Loading...