NHL commissioner Gary Bettman buys Boca Raton mansion

Original asking price was $10M in 2019

Miami /
Feb.February 16, 2021 05:30 PM
Gary Bettman and 4020 Ibis Point Circle, Boca Raton (Getty, Google Maps)

Gary Bettman and 4020 Ibis Point Circle, Boca Raton (Getty, Google Maps)

Gary Bettman, commissioner of the National Hockey League, bought a waterfront mansion in Boca Raton’s Sanctuary neighborhood for $8 million.

Records show Bettman and his wife, Michelle “Shelli” W. Bettman, bought the house at 4020 Ibis Point Circle from Andrew J. Green. Bettman has been commissioner of the NHL since 1993.

The seller listed Green Realty Corp., a real estate development company in Cincinnati, Ohio, for his address. He bought the home in 2015 for $3.6 million, according to records.

According to Realtor.com, the house was first listed in March 2019 for $10 million. After several price chops, the most recent asking price was $8.5 million in November.

Premier Estate Properties owners Carmen N. D’Angelo, Gerard P. Liguori and Joseph G. Liguori, Jr. represented the seller, while Miles Rosenthal of BEX Realty represented the buyer. D’Angelo declined to comment on the sale.

Property records show the three-story mansion comes with five bedrooms, five-and-a-half bathrooms and spans 12,517 square feet. Outside, the home features a pool, dock and roughly 105 feet of water frontage.

Built in 1987, the house was renovated in 2018, according to the listing. Property records show Green made improvements, including replacing kitchen cabinets and remodeling bathrooms.

Recently in the Sanctuary neighborhood, the founder of a grocery distribution company sold his mansion for $15.8 million.

Also in Boca Raton, a former CEO of Cantor Fitzgerald sold his mansion for $9.4 million, and the grandson of the late founder of PulteGroup paid $6 million for a waterfront teardown.






    Related Articles

    arrow_forward_ios
    AeroEquity Partners' Michael Greene and David Rowe with 6700 Northwest Broken Sound Parkway, Boca Raton (AeroEquity; CBRE)
    Private equity firm pays $6M for Boca Raton office building
    Private equity firm pays $6M for Boca Raton office building
    Jeffrey A. Levitetz and 5001 Egret Point Circle, Boca Raton (Purity Wholesale, Google Maps)
    Grocery distributor sells waterfront Boca Raton mansion for $16M
    Grocery distributor sells waterfront Boca Raton mansion for $16M
    Steven R. Dingle and the property he sold at 298 West Key Palm Road. (SRD Building Corp, Royal Palm)
    Former Cantor Fitzgerald CEO sells Boca Raton mansion to homebuilder for $9M
    Former Cantor Fitzgerald CEO sells Boca Raton mansion to homebuilder for $9M
    Investcorp co- CEOs Hazem Ben-Gacem and Rishi Kapoor, Ventures CEO Tom Scott and 135 Northwest 20th Street in Boca Raton (Investcorp; Ventures; Google Maps)
    CA Ventures buys Boca Raton apartment complex for $80M
    CA Ventures buys Boca Raton apartment complex for $80M
    Bill Pulte and 2020 Royal Palm Way, Boca Raton (Bill Pulte, Royal Palm)
    Bill Pulte buys waterfront teardown in Boca Raton for $6M
    Bill Pulte buys waterfront teardown in Boca Raton for $6M
    North American Development Group CEO John Preston and the Via Mizner Golf & Country Club at 6200 Boca Del Mar Dr (NADG; Google Maps)
    Multifamily developer buys former Boca Raton golf course
    Multifamily developer buys former Boca Raton golf course
    President Donald Trump and James Batmasian (Getty, White House)
    Boca Raton real estate honcho James Batmasian gets presidential pardon
    Boca Raton real estate honcho James Batmasian gets presidential pardon
    Carl E. Klepper Jr and 1739 Royal Palm Way, Boca Raton (Royal Palm Properties)
    Spec mansion in Boca Raton sells for $8M
    Spec mansion in Boca Raton sells 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...