Billed as “move-in-ready for the season,” the house at 209 Bermuda Lane was listed Oct. 4 and sold by Nov. 17, the multiple listing service shows.
A Palm Beach house recently moved on and off the market at a speed that might rival that of a new Bentley Continental GT Speed being taken out for a test drive.
Interior designer and investor Ross Meltzer sold — for a recorded $9.2 million — his North End house at 209 Bermuda Lane, which he owned for nearly a decade.
Agent Margit Brandt of Premier Estate Properties had listed the property at just under $10 million on Oct. 4 and landed it under contract by Oct. 30, the Palm Beach Board of Realtors Multiple Listing Service shows. The sale closed Nov. 17, and the deed recorded a few days later.
Brandt said she could not comment about the deal. But one possible reason the house departed from the market so fast is mentioned in her sales listing: The house was “a rare gem in that it is completely move-in ready for the season.”
That’s a tasty carrot for buyers who want to use their new homes immediately, without embarking on a major renovation or even having to call in a decorator. Of course, there’s nothing to prevent the as-yet-unidentified buyer from planning a major redo or even knocking the house down to accommodate a new one.
Meltzer paid a recorded $2.53 million for the house in 2013, property records show. It had already been extensively renovated, but Meltzer made his own improvements to the property. He had the house homesteaded as his primary residence in the latest tax rolls.
The three-bedroom, Bermuda-style house has 3,176 square feet, inside and out, and stands on a quarter-acre lot at the terminus of Bermuda Lane, a short cul-de-sac that intersects with North County Road. The property is the second one west of the oceanfront estate of radio shock jock Howard Stern and his animal-rights activist wife, Beth.
The price documented at the courthouse was nearly $1 million less than the one reported in the MLS, which shows the property sold for $10.1 million, slightly above its asking price. Brandt’s sales listing had said the home’s furnishing were available separately, but it’s unclear if they changed hands as part of the deal.
Agent Beth Cole of the Corcoran Group acted on behalf of the buyer, a Florida limited liability company named 209 Bermuda LLC. Business records show that company is managed by real estate attorney Maura Ziska of Kochman & Ziska, who is keeping mum about the transaction and anyone on the buyer’s side of the deal.
Cole also declined to discuss the sale, and Meltzer couldn’t be reached. The deed lists him with an address on Upland Road in West Palm Beach.
Photographs of the Bermuda Lane house show rooms with generous proportions, tray-style ceilings and built-in cabinetry. The well-equipped kitchen has a breakfast area that looks out to the pool, and the great room includes living and dining areas. Sliding-glass doors open onto a loggia for “true island living,” according to Brandt’s sales description.
Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Emaildhofheinz@pbdailynews.com, call 561-820-3831 or tweet @PBDN_Hofheinz.