From Boston to Boca: Real estate mogul sells waterfront spec home for $13M

Seller completed the house this year

Miami /
Mar.March 19, 2021 11:30 AM
Charles Talanian sold his home in Boca’s Royal Palm Yacht & Country Club. (C. Talanian Realty Co. Royal Palm)

Charles Talanian sold his home in Boca’s Royal Palm Yacht & Country Club. (C. Talanian Realty Co. Royal Palm)

The owner of a Boston-based real estate company sold a waterfront spec home in Boca Raton for $12.5 million.

Charles M. Talanian and his wife, Ann, sold the house at 225 West Alexander Palm Road in Boca’s Royal Palm Yacht & Country Club to Steven C. and Tracy M. Angeli, records show.

Charles Talanian is the president of C. Talanian Realty, a company that owns, manages and brokers real estate, and that has operated in the Boston area since the 1930s, according to its website. Talanian is also the single-largest individual property owner on Boston’s Newbury Street, according to his bio.

Steven Angeli is senior managing director and equity portfolio manager at Boston-based Wellington Management Co. He joined the firm in 1994, according to an SEC filing.

The Talanians purchased the property for $3.5 million in 2019, records show. That same year, they demolished the existing home and began building a new house. It was completed this year.

According to Realtor.com, the home was listed in May for $13 million. Marcy F. Javor with Signature One Luxury Estates represented the sellers, while David W. Roberts of Royal Palm Properties represented the buyers.

The two-story house has five bedrooms and six-and-a-half bathrooms, according to the listing. The home spans 7,408 square feet and features a second-floor terrace, two two-car garages, a pool and a dock.

Recently in Boca Raton’s Royal Palm Yacht & Country Club, a former CEO of Cantor Fitzgerald sold a mansion for $9.4 million, and a newly built spec mansion sold for $7.8 million.






    Related Articles

    arrow_forward_ios
    (Photos courtesy of Uptown Boca)
    Amazon Fresh to open 1st Florida store in west Boca Raton
    Amazon Fresh to open 1st Florida store in west Boca Raton
    Gregory L. Clayman and 4750 Sanctuary Lane, Boca Raton (Linkedin, Google Maps)
    Video chat firm president buys waterfront Boca Raton home
    Video chat firm president buys waterfront Boca Raton home
    Healthpeak Properties CEO Thomas Herzog. (Healthpeak, Sonata)
    Fortress buys three Palm Beach County assisted living facilities for $30M
    Fortress buys three Palm Beach County assisted living facilities for $30M
    Myles Chefetz and 5780 LaGorce Drive (Douglas Elliman, Facebook)
    Prime 112 owner Myles Chefetz pays $5M for non-waterfront Miami Beach spec home
    Prime 112 owner Myles Chefetz pays $5M for non-waterfront Miami Beach spec home
    Sheer Science CEO Jonathan Greenhut. (LinkedIn via Jonathan Greenhut, The Koolik Group / Compass)
    Skincare CEO buys lakefront Boca Raton mansion for $5M
    Skincare CEO buys lakefront Boca Raton mansion for $5M
    Robert Reffkin and Michael Karp (Compass, Linkedin)
    Compass acquires BEX Realty’s Florida agents
    Compass acquires BEX Realty’s Florida agents
    Todd Glaser with 576 Island Drive (Google Maps, Todd Glaser)
    Todd Glaser, partners buy waterfront Palm Beach home to renovate, flip
    Todd Glaser, partners buy waterfront Palm Beach home to renovate, flip
    4400 Sanctuary Lane, Boca Raton and Haagen-Dazs founder Reuben Mattus (Google Maps, iStock, Haagen-Dazs)
    Sweet sale: Daughter of Haagen-Dazs founders sells waterfront Boca Raton mansion
    Sweet sale: Daughter of Haagen-Dazs founders sells waterfront Boca Raton mansion
    arrow_forward_ios

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

    Loading...