Jazz musician snags Palm Beach home near Mar-a-Lago for $8M

The property sold at a 70% discount to its 2018 listing price

Miami /
Mar.March 17, 2020 10:30 AM
Jazz musician Bob Merrill and 500 Regents Park Road (Credit: Compass)

Jazz musician Bob Merrill and 500 Regents Park Road (Credit: Compass)

Jazz musician Bob Merrill bought a waterfront Palm Beach home near Mar-a-Lago for $7.5 million.

Merrill purchased the 5,998-square-foot house at 500 Regents Park Road for $1,250 per square foot, records show. Eddy Louis of Palm Beach sold the home.

The seven-bedroom, eight-bathroom house was designed by Palm Beach architect Clarence Mack and has frontage on the Intracoastal Waterway, just south of Mar-a-Lago. It features a waterway bird sanctuary, pool, covered patio, and foyer and rotunda with marble flooring. It was built in 1959, records show.

It is part of the Regents Park Historic District cul-de-sac neighborhood of five estate homes.

The home sold at a 50 percent discount from its listing price of $15 million in December and at a 70 percent discount from its 2018 listing price of $25 million.

The property last sold for $2.2 million in 1985, records show.

Tamara “TJ” Jeanne-Fisher with Waterfront Properties & Club Communities represented the buyer and the seller in the deal.

Merrill is a trumpeter, pianist, vocalist and composer who has played at the Kravis Center in West Palm Beach, according to his website.

The ultra-luxury home market in Palm Beach has been especially strong over the past year, with two deals closing in 2019 for more than $100 million each.


Related Articles

arrow_forward_ios
Todd and Kim Glaser with 125 Via Del Lago in Palm Beach (Google Maps, Illustration by Priyanka Modi for The Real Deal with Getty)
Seller’s remorse? Developer Todd Glaser buys back Palm Beach mansion for $23M
Seller’s remorse? Developer Todd Glaser buys back Palm Beach mansion for $23M
Frist Cressey Ventures Bryan Cressey with the property at 2315 S Ocean Blvd. in Palm Beach (Zillow, FCVentures, Illustration by Priyanka Modi for The Real Deal with Getty)
Venture capitalist sells oceanfront Palm Beach compound for $49M
Venture capitalist sells oceanfront Palm Beach compound for $49M
Citadel’s Ken Griffin and the former Neiman Marcus building at 151 Worth Avenue in Palm Beach (Citadel, Google Maps)
Ken Griffin’s South Florida state of mind: Citadel to open Palm Beach office
Ken Griffin’s South Florida state of mind: Citadel to open Palm Beach office
Rush and Kathryn Adams Limbaugh along with 1495 North Ocean Boulevard in Palm Beach (Getty Images, Zillow, iStock)
Rush Limbaugh’s oceanfront Palm Beach estate marketed for sale, asking up to $175M
Rush Limbaugh’s oceanfront Palm Beach estate marketed for sale, asking up to $175M
Ken Griffin, CEO of Citadel LLC, along with a rendering of his planned oceanfront estate in Palm Beach (Getty Images, Citadel LLC, iStock)
Here’s the oceanfront estate Ken Griffin plans to build for his mom in Palm Beach
Here’s the oceanfront estate Ken Griffin plans to build for his mom in Palm Beach
Lawrence Moens has represented many of Palm Beach's biggest-ticket buyers, including (L-R) : Larry Ellison, Steve Wynn, Ken Griffin and Donald Trump
Meet the mystery go-to agent for Palm Beach billionaires
Meet the mystery go-to agent for Palm Beach billionaires
A photo illustration of 2000 South Ocean Boulevard in Manalapan (bottom), 901 North Ocean Boulevard in Palm Beach (top left), and 102 Jungle Road in Palm Beach (top right) (Brown Harris Stevens, LoopNet, Realtor.com, iStock)
Skyrocketing prices: Top 10 Palm Beach County sales so far this year
Skyrocketing prices: Top 10 Palm Beach County sales so far this year
Nancy Shevell McCartney with Il Lugano (Getty, Apartments.com)
Paul McCartney’s wife sells her late father’s Palm Beach condo
Paul McCartney’s wife sells her late father’s Palm Beach condo
arrow_forward_ios

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

Loading...