Asplundh family member picks up waterfront Tequesta home – palm trees included

Head of depression therapy centers group sold the property

Miami /
Oct.October 29, 2021 01:45 PM
Success TMS Co-Founder Randy Syrop and 103 River Drive in Tequesta (Zoom, Google Maps)

Success TMS Co-Founder Randy Syrop and 103 River Drive in Tequesta (Zoom, Google Maps)

A member of the billionaire Asplundh tree-trimming family purchased a waterfront house in Tequesta for $5.3 million.

Randy Syrop, co-founder of Success TMS depression therapy centers, and his wife Diane Syrop sold the four-bedroom, 4,132-square-foot home at 103 River Drive to a trust co-managed by Pennsylvania businessman Carl Asplundh Jr. III, property records show.

The house, with five and a half bathrooms, was built in 1978 and renovated in 2017. The property faces Loxahatchee River with an outdoor terrace, and has an infinity edge pool, elevated spa, tropical landscaping and a boat dock, according to the listing.

Compass agents Thomas Hughes and Jeremy Brown represented the sellers. Bethany Asplundh with Coldwell Banker Realty represented the buyer.

The Syrops acquired the property in 2017 for an undisclosed amount. Randy Syrop co-founded Success TMS, a company that provides brainwave stimulation therapy to people with depression as an alternative to medication, in 2018. The company has 32 offices in Florida, Illinois, Pennsylvania, Wisconsin, New Jersey and Nevada, according to a press release.

In recent years, Asplundh has traded and developed luxury single family homes in the Palm Beach market, according to published reports. His family founded and owns Asplundh, a Willow Grove, Pennsylvania-based international tree-trimming firm with an annual revenue of $4.5 billion, according to Forbes.

Asplundh worked for the family firm from 1987 to 2001, holding various jobs within the company, including vice president, according to an online bio. He was regional sales manager for Altec Industries, a company that manufactures tree-trimming equipment, until 2016.

Tequesta, a small town north of Jupiter, has seen a few high-profile trades in recent years. Former Playboy Playmate of the Month Karin Taylor bought a waterfront home for $3.1 million last year.Private equity manager Edward Elliott and his wife Nancy Reid also sold their waterfront estate for $5 million in 2020.





    Related Articles

    arrow_forward_ios
    Sean and Ashly Heyniger along with an aerial view of 3140 Washington Road in West Palm Beach (Getty, Google Maps, Watermark Medical, Facebook/Ashly Haniger)
    Health care mogul sells waterfront West Palm estate for record $21M
    Health care mogul sells waterfront West Palm estate for record $21M
    Ambrose’s Aasif Bade and a rendering of the warehouse at 15810 Walgreens Drive
    Ambrose scores $27M construction loan for warehouse project in Jupiter
    Ambrose scores $27M construction loan for warehouse project in Jupiter
    Intech Investment Management's Robert Garvy and Warner Pacific Insurance Services' John J. Nelson with The Bristol Palm Beach at 1100 South Flagler Drive
    Financier sells Bristol condo in West Palm for $21M
    Financier sells Bristol condo in West Palm for $21M
    Landstar’s Virginia Cepero, David Serviansky and Rosa Eckstein Schecter
    Avenir scores $80M in bond financing to build infrastructure
    Avenir scores $80M in bond financing to build infrastructure
    Treo Construction's Ricardo Halfen and 422 Golden Beach Drive
    Homebuilder sells waterfront Golden Beach spec house for $15M
    Homebuilder sells waterfront Golden Beach spec house for $15M
    Wayne Huizenga Jr. and his new West Palm Beach mansion at 3100 North Flagler Drive
    Wayne Huizenga Jr. faces lawsuit tied to West Palm Beach mansion
    Wayne Huizenga Jr. faces lawsuit tied to West Palm Beach mansion
    From left: Tony Pettiti, Krispy Creme's Michael Tattersfield, and BitPay's Stephen Pair with 1500 Beach Road
    Jeffrey Soffer sells out SeaGlass for $169M — here’s who’s moving in
    Jeffrey Soffer sells out SeaGlass for $169M — here’s who’s moving in
    Miami Skyline
    South Florida by the numbers: A look back at 2022
    South Florida by the numbers: A look back at 2022
    arrow_forward_ios

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

    Loading...