Thoroughbred stable owner buys Boca Raton home for $12M

Richard Templer owns the thoroughbred racing stable Doubledown Stables

Miami /
Oct.October 29, 2019 11:30 AM
190 Northeast 5th Avenue

190 Northeast 5th Avenue

Richard Templer, the owner of a professional horse racing stable, and his wife Diane Templer, purchased a waterfront home in Boca Raton for $12.2 million.

The Templers bought the 8,912 square-foot-home at 190 Northeast 5th Avenue for $1,368 per square foot, records show. Jeffery H. Norman, the founder of JH Norman Construction sold the home.

The house has five bedrooms and seven bathrooms and two half-bathrooms. It has 180 feet of frontage on the Intracoastal Waterway.

The custom home was built in 2018 by JH Norman Construction and designed by architect Brenner Architecture Group AIA. JH Norman purchased the property for $6.8 million in 2017 before building the house, records show.

Amenities include a glass enclosed wine room, fireplace, utility room, four-bay garage and a yacht dock.

Joseph Liguori of Premier Estate Properties represented the buyer and the seller in the deal, according to Realtor.com.

Richard Templer owns the thoroughbred racing stable Doubledown Stables.

Boca Raton has recently seen a slew of high-profile sales. Earlier this month, Robert Sheetz, the founder of the Sheetz convenience store and gas station chain, sold a waterfront estate at 133 West Coconut Palm Road in the Royal Palm Yacht & Country Club for $11.45 million.

In September, a group of executives tied to a West Palm Beach transportation company bought a 9,203-square-foot house at 300 East Key Palm Road for $12.1 million.


Related Articles

arrow_forward_ios
Steven R. Dingle and the property he sold at 298 West Key Palm Road. (SRD Building Corp, Royal Palm)
Former Cantor Fitzgerald CEO sells Boca Raton mansion to homebuilder for $9M
Former Cantor Fitzgerald CEO sells Boca Raton mansion to homebuilder for $9M
Investcorp co- CEOs Hazem Ben-Gacem and Rishi Kapoor, Ventures CEO Tom Scott and 135 Northwest 20th Street in Boca Raton (Investcorp; Ventures; Google Maps)
CA Ventures buys Boca Raton apartment complex for $80M
CA Ventures buys Boca Raton apartment complex for $80M
Bill Pulte and 2020 Royal Palm Way, Boca Raton (Bill Pulte, Royal Palm)
Bill Pulte buys waterfront teardown in Boca Raton for $6M
Bill Pulte buys waterfront teardown in Boca Raton for $6M
North American Development Group CEO John Preston and the Via Mizner Golf & Country Club at 6200 Boca Del Mar Dr (NADG; Google Maps)
Multifamily developer buys former Boca Raton golf course
Multifamily developer buys former Boca Raton golf course
President Donald Trump and James Batmasian (Getty, White House)
Boca Raton real estate honcho James Batmasian gets presidential pardon
Boca Raton real estate honcho James Batmasian gets presidential pardon
Carl E. Klepper Jr and 1739 Royal Palm Way, Boca Raton (Royal Palm Properties)
Spec mansion in Boca Raton sells for $8M
Spec mansion in Boca Raton sells for $8M
2333 Acorn Palm Road (Royal Palm Properties)
Former Cantor Fitzgerald CEO buys Boca Raton home for $6M
Former Cantor Fitzgerald CEO buys Boca Raton home for $6M
Thomas Desernia, Jordana DePaula and 610 Phillips Drive, Boca Raton (Redfin, SAMA labs)
Reeling it in: Fishing apparel founder drops $5M on waterfront Boca Raton home
Reeling it in: Fishing apparel founder drops $5M on waterfront Boca Raton home
arrow_forward_ios

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

Loading...