Richard Wackenhut buys $13M Boca Raton mansion after selling Palm Beach estate

Wackenhut sold a five-bedroom historic home in Palm Beach earlier this month

Miami /
Mar.March 26, 2021 04:30 PM
Richard and Marie Wackenhut and 191 West Key Palm Road, Boca Raton (Google Maps, Nantucket Statue Fund, iStock)

Richard and Marie Wackenhut and 191 West Key Palm Road, Boca Raton (Google Maps, Nantucket Statue Fund, iStock)

Shortly after selling his historic Palm Beach home, Richard Wackenhut bought a mansion in Boca Raton’s Royal Palm Yacht & Country Club for $12.8 million.

Records show Wackenhut, an heir to the security firm founder George Wackenhut, purchased the home at 191 West Key Palm Road from Lisa J. Leder as trustee of The Lisa J. Leder Revocable Trust.

Wackenhut and his wife, Marie, sold their 6,525-square-foot home in Palm Beach for $17.9 million earlier this month.

Leder is the founder and president of Boca Raton-based Best Properties LLC, a real estate firm. Her ex-husband, Marc J. Leder, is the co-founder of private equity firm Sun Capital Partners.

Property records show Leder, under The Centre V Revocable Trust, purchased the mansion for $9.2 million in 2011. It was built in 2010.

The 10,367-square-foot house, on a half-acre lot, has seven bedrooms, eight full bathrooms and two half-bathrooms. The property also features 150 feet of waterfront and deepwater dockage, according to the listing.

The home hit the market in October, asking $13.5 million. Senada Adzem Schweitzer with Douglas Elliman represented Leder, while Lawrence Moens of Lawrence A. Moens Associates represented Wackenhut.

Among other recent sales in the Royal Palm Yacht & Country Club, the owner of a real estate company in Boston sold a waterfront spec home for $12.5 million, and the former CEO of Cantor Fitzgerald sold a mansion for $9.4 million.






    Related Articles

    arrow_forward_ios
    Cutting costs: Via Mizner mixed-use project scores $335M financing
    Cutting costs: Via Mizner mixed-use project scores $335M financing
    Cutting costs: Via Mizner mixed-use project scores $335M financing
    IRA Capital makes $16M medical office play in Boca Raton
    IRA Capital makes $16M medical office play in Boca Raton
    IRA Capital makes $16M medical office play in Boca Raton
    A rendering of Alina Residences Boca Raton and El-Ad National Properties' Noam Ziv 
    El-Ad launches sales of second phase of Alina Residences Boca Raton
    El-Ad launches sales of second phase of Alina Residences Boca Raton
    Lease roundup: Miami Worldcenter, Town Center at Boca Raton score new retailers
    Lease roundup: Miami Worldcenter, Town Center at Boca Raton score new retailers
    Lease roundup: Miami Worldcenter, Town Center at Boca Raton score new retailers
    JV led by IP Capital buys Boca Raton office complex for $77M
    JV led by IP Capital buys Boca Raton office complex for $77M
    JV led by IP Capital buys Boca Raton office complex for $77M
    1905 Clint Moore Road in Boca Raton with Healthcare Trust of America interim President and CEO Peter Foss (Google Maps, Healthcare Trust of America)
    Healthcare Trust of America buys Boca Raton medical offices for $50M
    Healthcare Trust of America buys Boca Raton medical offices for $50M
    RAM buys Boca Raton apartment complex for $20M
    RAM buys Boca Raton apartment complex for $20M
    RAM buys Boca Raton apartment complex for $20M
    Steven Cohen and the Boca Raton property (Getty, Douglas Elliman)
    Billionaire Mets owner Steven Cohen buys South Florida mansion for nearly $22M
    Billionaire Mets owner Steven Cohen buys South Florida mansion for nearly $22M
    arrow_forward_ios

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

    Loading...