Healthcare entrepreneur sells Palm Beach home for $8M

The home is next to the lot where Bon Jovi is building an oceanfront home

TRD MIAMI /
May.May 26, 2020 08:45 AM
110 Atlantic Avenue, Scott Schuster (Credit: Google Maps)

110 Atlantic Avenue, Scott Schuster (Credit: Google Maps)

Healthcare and real estate entrepreneur Scott Schuster sold a home in Palm Beach for $8 million.

Schuster and his wife, Heidi, sold the 4,105-square-foot home at 110 Atlantic Avenue for $1,948 per square foot, records show. Andrea Salvi, an attorney acting as trustee of the Twin Hearts Palm Beach Realty Trust, purchased the home.

The non-waterfront property is next to an oceanfront lot where the musician Bon Jovi is building a new home, according to the Palm Beach Daily News. It is near North Ocean Boulevard.

Built in 1982, the house has four bedrooms and four-and-a-half bathrooms. It features a library and a poolside cabana along with a pool and spa, according to Realtor.com.

The seller was represented by Christian Angle and the buyer was represented by Dana Koch of the Corcoran Group, according to Realtor.com.

The house last sold for $4 million, records show.

Schuster is the president of Wingate Healthcare, a provider of nursing and supportive care to seniors in residential homes in Massachusetts and New York State.

Coronavirus does not seem to be slowing down sales in the ultra wealthy town of Palm Beach. Earlier this month, luxury homebuilder Mark Pulte sold a lakefront estate at 446 North Lake Way for $33.2 million, and the trust of the late business mogul Morton Mandel sold his Palm Beach estate at 1063 North Ocean Boulevard for $25.4 million.


Related Articles

arrow_forward_ios
rank McKinney, 3492 South Ocean Boulevard (Credit: Google Maps)

Frank McKinney sells South Palm Beach spec home with jellyfish tank

Frank McKinney sells South Palm Beach spec home with jellyfish tank
Mayor Carlos Gimenez (Credit: Joe Raedle/Getty Images)

Miami-Dade approves $10M emergency rent relief program

Miami-Dade approves $10M emergency rent relief program
From left: Sonja Stevens, Suzanne Frisbie, and Dana Koch

Life in Palm Beach after lockdown: Demand for luxury homes sparks “pandemonium”

Life in Palm Beach after lockdown: Demand for luxury homes sparks “pandemonium”
Bottom row: Nick Sharp, Felix Bendersky and Jaime Sturgis; top row: Mayor Dale Holness and Mayor Carlos Gimenez (Instagram/threefoldcafe, F&B, Linkedin, Office of the Mayor, Twitter)

Restaurateurs to protest restrictions in Miami-Dade. In Broward, it’s a different story

Restaurateurs to protest restrictions in Miami-Dade. In Broward, it’s a different story
Related Urban CEO Kenneth Himmel and 251 Jungle Road (Corcoran)

Related Urban CEO snags Palm Beach home for $11M

Related Urban CEO snags Palm Beach home for $11M
Bridge Investment Executive Chairman Robert Morse, Bayview Corporate Tower (Credit: Google Maps)

Bridge Investment sells Fort Lauderdale office building for $83M

Bridge Investment sells Fort Lauderdale office building for $83M
Jeffrey Soffer with the Fontainebleau and Michael Dell with the Boca Raton Resort & Club

Soffer’s Fontainebleau Miami Beach and Dell’s Boca Resort lay off thousands

Soffer’s Fontainebleau Miami Beach and Dell’s Boca Resort lay off thousands
Hard Rock Cafe at Bayside Marketplace (Hard Rock)

Bayside Marketplace sues to evict Bubba Gump, Hard Rock Cafe and three other tenants

Bayside Marketplace sues to evict Bubba Gump, Hard Rock Cafe and three other tenants
arrow_forward_ios

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

Loading...