Andrew Unanue, a scion of the billionaire family that owns Goya Foods, sold a Palm Beach house for $27.5 million, two years after buying a lakefront estate for $63.4 million.
Records show Unanue sold the house at 120 Clarendon Avenue to Lawrence Rolnick and Kimberly Sorrentino, a couple from New Jersey.
Dana Koch of the Corcoran Group had the listing, and Margit Brandt of Premier Estate Properties brought the buyers. They declined to comment on the deal.
Rolnick and Sorrentino are attorneys and real estate investors. Property records show that they and their son, Austin Rolnick, have bought and sold properties in Palm Beach County for more than a decade. In 2023, they bought two West Palm Beach condos for $799,000 and $569,000, records show. They bought the home at 160 Woodbridge Road, which is across the street from Donald Trump’s Mar-a-Lago Club in Palm Beach, for $8.9 million in 2015, according to property records. It is currently subject to the Secret Service’s road closures around the President-elect’s club and residence.
Unanue’s grandparents, Prudencio Unanue Ortiz and Carolina Casal de Valdés, founded Secaucus, New Jersey-based Goya Foods in 1936. Today it is the largest Hispanic-owned food company in the country. The most recent estimate of the family’s net worth pegged it at $1.1 billion, according to published reports.
But Andrew Unanue’s wealth goes beyond the pantry aisle. After leaving the family business in the early 2000s, he now heads AUA Private Equity Partners in West Palm Beach, his LinkedIn shows.
Unanue has been a frequent investor in Palm Beach real estate. He bought the Clarendon Avenue mansion for $22.7 million in 2021, records show. Built in 2001 on 0.7 acres, the house spans 9,400 square feet, with seven bedrooms, eight bathrooms, one half-bathroom and a pool, records show. The home also has a gym, library, deeded beach access and a separate guest house, according to the listing.
It hit the market for $36.5 million in 2023, following Unanue’s $63.4 million purchase of a Howard Majors-designed 2-acre lakefront compound at 854 South County Road in Palm Beach. Unanue slashed the price on the Clarendon Avenue mansion twice before selling for a $9 million discount off the original asking price.
It is early days for Palm Beach real estate’s busy season, but pricey closings have already picked up. Earlier this month, financiers Richard and Cornelia Thornburgh sold their waterfront home on Everglades Island for $25.4 million.