Former Facebank CEO buys waterfront Boca Raton spec home for $12M

Selling entity links to plastic surgeon Jacob D. Steiger and his real estate company

Miami /
Apr.April 15, 2021 10:30 AM
Alexander Bafer and 824 Pelican Point Cove, Boca Raton (LinkedIn, Choeff Levy Fischman Architecture)

Alexander Bafer and 824 Pelican Point Cove, Boca Raton (LinkedIn, Choeff Levy Fischman Architecture)

UPDATED, April 15, 12:25 p.m.: Former Facebank head Alexander Bafer bought a waterfront spec home in Boca Raton for $12.1 million.

Bafer and his wife, Courtney Bafer, purchased the house at 824 Pelican Point Cove from 824Pelican LLC, managed by Jacob D. Steiger, a plastic surgeon in Boca Raton. The selling entity also links to his real estate company The Steiger Group.

Alexander Bafer is the CEO of Brick Top Holdings, a film and production company based in Boca Raton. From 2009 to 2020 he was executive chairman and CEO of Facebank. In 2020, fuboTV, which primarily distributes live sports, merged with virtual entertainment firm Facebank Group and went public.

Courtney Bafer is a real estate agent at Luxury Partners Realty.

Records show 824Pelican LLC paid $1.6 million for the property in 2018, then demolished an existing structure and began building the 7,364-square-foot home. According to Zillow, the house was completed this year. It was developed by Steiger’s Steigerbuilt, LLC and designed by Choeff Levy Fischman Architecture + Design.

Choeff Levy Fischman also designed a Miami Beach home Keith Menin recently purchased.

The Boca Raton house was listed in April 2020 for $12 million, and was most recently asking $13 million in February.

Joseph G. Liguori, Gerard P. Liguori and Carmen N. D’Angelo, Jr. with Premier Estate Properties represented the sellers, while Courtney Bafer represented her husband and herself.

The three-story home has seven bedrooms, eight full bathrooms and two half-bathrooms, according to the listing. The property also includes a pool and a dock on a lot over 13,000 square feet.

Recently in Boca Raton, a homebuilder sold a house for $6.1 million, and the co-CEO of a private equity firm bought a spec home for $6.7 million.

Correction: A previous version of this story misstated Alexander Bafer’s former title.






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