Driving away: Taxi magnate sells Palm Beach home for $6M

Seller bought another Palm Beach house in May

Miami /
Nov.November 13, 2020 05:30 PM
249 Seabreeze Ave, Palm Beach

249 Seabreeze Ave, Palm Beach

A Washington, D.C. taxi magnate sold a Palm Beach home for $6.3 million.

Records show Gerald H. and Edith F. Schaeffer sold the home at 249 Seabreeze Avenue to Joseph G. and Elizabeth L. Berger.

Gerald “Jerry” Schaeffer, owns taxi companies and taxi insurance companies throughout Washington, D.C.

Edith Schaeffer bought a different home in Palm Beach for $12.7 million in May, records show.

The Schaeffers bought the home on Seabreeze Avenue in 2009 for $3.3 million. According to Realtor.com, the property went on the market in June at $6.5 million, listed by Linda A. Gary of Linda A. Gary Real Estate.

Built in 2000, the 4,077-square-foot house has four bedrooms, six-and-a-half bathrooms and a pool.

Palm Beach continues to be a popular destination for high-priced sales. Among recent deals, Caryn Zucker, the ex-wife of CNN chief Jeff Zucker, paid $8.4 million for a home in Palm Beach, and the vice chairman of a supermarket company bought a condo unit for $10.8 million. Also, beverage tycoon Stephen Levin and his wife, Petra, closed on two adjacent townhouses in Palm Beach after selling their waterfront Miami Beach home for $13.7 million.






    Related Articles

    arrow_forward_ios
    Clark Beaty sells oceanfront Palm Beach spec mansion for $64M
    Clark Beaty sells oceanfront Palm Beach spec mansion for $64M
    Clark Beaty sells oceanfront Palm Beach spec mansion for $64M
    Jennifer Hyland joins Corcoran Group in Palm Beach
    Jennifer Hyland joins Corcoran Group in Palm Beach
    Jennifer Hyland joins Corcoran Group in Palm Beach
    InVue CEO James Sankey and the lot at 125 EL Bravo Way (Google Maps)
    North Carolina tech honcho buys Palm Beach mansion site for $15M
    North Carolina tech honcho buys Palm Beach mansion site for $15M
    The five bedroom Palm Beach mansion (Realtor via Douglas Elliman)
    SafeCard Services founder sells Palm Beach home for $22M
    SafeCard Services founder sells Palm Beach home for $22M
    Samantha Curry and Holly Parker (Getty, Parker)
    Top Douglas Elliman NY team expands to South Florida
    Top Douglas Elliman NY team expands to South Florida
    Architect Kobi Karp, Developer Todd Glaser and renderings of the mansion (Glaser, Karp)
    Palm Beach board rejects “alien” design of mansion for former Epstein property
    Palm Beach board rejects “alien” design of mansion for former Epstein property
    Alec Scheiner, former Cleveland Browns president, with 249 Sandpiper Drive in Palm Beach (RedBird Capital, Sotheby's International Realty)
    Ex-Cleveland Browns president scores Palm Beach home
    Ex-Cleveland Browns president scores Palm Beach home
    Q2’s largest retail transaction: Regal Acquisitions’ $34 purchase of CVS-anchored retail at Boulan South Beach hotel (Google Maps)
    South Florida’s retail market slowly emerges from pandemic woes in Q2
    South Florida’s retail market slowly emerges from pandemic woes in Q2
    arrow_forward_ios

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

    Loading...