Homebuilder sells Boca Raton house for $6M

House was built in 2017

Miami /
Mar.March 31, 2021 10:30 AM
1871 Thatch Palm Drive in Boca Raton’s Royal Palm Yacht & Country Club. (Royal Palm Properties)

1871 Thatch Palm Drive in Boca Raton’s Royal Palm Yacht & Country Club. (Royal Palm Properties)

A homebuilder sold a house in Boca Raton’s Royal Palm Yacht & Country Club for $6.1 million.

William Joseph Scaggs, as trustee of the William Joseph Scaggs Revocable Trust, and his wife, Kimberly, sold the home at 1871 Thatch Palm Drive to attorney Brian L. Bilzin, a trustee of The Florida Land Trust 1871 Thatch Palm Drive Trust, records show.

Bilzin is a founding partner of the Miami-based law firm Bilzin Sumberg.

According to his Linkedin, William Scaggs is a partner at SRD Building Corp., the homebuilder of more than 130 homes in the Royal Palm Yacht & Country Club. He was formerly a partner at Four Seasons Emerald Bay in the Bahamas.

Palm Beach County records show that Scaggs acquired the property in 2016 for $1.5 million. The existing house, built in 2017, hit the market in 2019 asking $6.9 million. The price dropped to $6.7 million in January. SRD Building Corp. built the home.

David W. Roberts with Royal Palm Properties represented the seller, and Caryn Botknecht with Compass represented the buyer.

The 6,397-square-foot house has four bedrooms, four full bathrooms and two half-bathrooms. The property also features a pool, a covered balcony on the second floor and two two-car garages.

Also in Boca Raton’s Royal Palm Yacht & Country Club this month, the co-CEO of a private equity firm bought a home for $6.7 million, and Richard Wackenhut bought a mansion for $12.8 million.





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