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

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

TRD 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
Cody Crowell, Via Flagler at the Breakers

Frisbie exec snags condo at Via Flagler at the Breakers in Palm Beach

Frisbie exec snags condo at Via Flagler at the Breakers in Palm Beach
Steve Schonfeld, Bellaria condominium complex (Credit: Google Maps)

Hedge funder Steven Schonfeld sells Palm Beach condo

Hedge funder Steven Schonfeld sells Palm Beach condo
110 Atlantic Avenue, Scott Schuster (Credit: Google Maps)

Healthcare entrepreneur sells Palm Beach home for $8M

Healthcare entrepreneur sells Palm Beach home for $8M
Peter Brant, Robert S. Taubman, and 1820 South Ocean Boulevard (Credit: Sylvain Gaboury/Patrick McMullan, John Sciulli, via Getty Images, and Google Maps)

Taubman family sells Palm Beach estate to paper mogul for $47M

Taubman family sells Palm Beach estate to paper mogul for $47M
Keith Frankel and 169 Everglades Avenue (Credit: Realtor.com, MidOcean)

Former Subway exec buys Palm Beach house

Former Subway exec buys Palm Beach house
1120 North Lake Way (Credit: Google Maps)

Trust of taxi magnate’s wife picks up waterfront Palm Beach home for $13M

Trust of taxi magnate’s wife picks up waterfront Palm Beach home for $13M
A photo illustration of 620 Arvida Parkway (Credit: Compass, iStock)

Staying on the sunny side: South Florida resi brokers see upside in coronavirus

Staying on the sunny side: South Florida resi brokers see upside in coronavirus
Two North Breakers Row (Credit: Google Maps)

Former publishing exec buys Breakers Row condo for $8M

Former publishing exec buys Breakers Row condo for $8M
arrow_forward_ios

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

Loading...