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Residential
South Florida

Former energy exec sells waterfront Juno Beach home for $12M

Sellers paid $7.5 million for the house in 2012

Steven Fried and 308 Alicante Drive, Juno Beach (Linkedin, Google Maps)
Steven Fried and 308 Alicante Drive, Juno Beach (Linkedin, Google Maps)

A former executive of a West Palm Beach-based energy production company sold his waterfront home in Juno Beach for $11.5 million.

Steven Fried, and his wife, Jill, sold their house at 308 Alicante Drive to Jeffrey S. Narlinger, as trustee of a trust in his name, records show.

Steven, now retired, was the former COO at mineral mining company Oxbow. The company deals with marketing and production of petroleum coke, coal and other resources, according to its website. Fried continues to do consulting work, according to his Linkedin page.

Narlinger is the director of marketing and technology at Brookline Investment Group, an Aliso Viejo, California-based real estate investment firm.

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The Frieds bought the home for $7.5 million in 2012, records show.

Built in 1997, the 6,408-square-foot house was first listed in 2018 at $15 million. After price chops, the most recent asking price in August was $12 million.

Todd Peter with Sotheby’s International Realty represented the Frieds, and Erin Sykes of Nest Seekers represented Narlinger.

The two-story home has four bedrooms and four-and-a-half bathrooms on a half-acre lot. It also features a pool, a three-car garage and views of the Atlantic Ocean from every major room, according to the listing.

Nearby in North Palm Beach, the CEO of an electrical distribution company recently sold his waterfront home for $7.3 million, the head of a construction management company bought a home for $9.5 million, and an orthopedic spine surgeon sold his home for $6 million.