Widow of FDR’s grandson sells Palm Beach home

Investment banker William Donner Roosevelt, who died in 2003, owned the property

Ava F. Roosevelt (Getty, Google Maps)
Ava F. Roosevelt (Getty, Google Maps)

Ava F. Roosevelt, the widow of one of former President Franklin D. Roosevelt’s grandchildren, sold her home in Palm Beach for $14.1 million in an off-market deal.

Roosevelt sold the 4,077-square-foot home at 210 Tangier Avenue to 210 Tangier LLC, a Delaware corporation, records show.

Roosevelt was married to William Donner Roosevelt, a grandson of the late president as well as a grandson of steel businessman William H. Donner. William Roosevelt was an investment banker who held positions that included senior vice president at Ryan Beck and Company in its Palm Beach office, according to his obituary.

Ava is a former model and author of the romance novel “The Racing Heart”.

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William Roosevelt bought the Palm Beach home in 1993 for $1.5 million. His wife took over ownership after his death in 2003. Property records show the house was built in 1991.

Ryan Serhant of Serhant and Chris Leavitt with Douglas Elliman represented the buyer, according to a spokesperson for Serhant.

Nearby, Scott Shleifer bought an oceanfront mansion for $120 million in February, marking a new record for Palm Beach. Serhant and Leavitt also represented Shleifer.

Palm Beach home sales have been on fire. This month, the co-founder of Siris Capital Group purchased an oceanfront mansion for $32.1 million and billionaire Jim Clark sold his estate for $30.1 million.