The highest-priced home in Palm Beach, Florida, has gone under contract for $187.5 million. 10 Tarpon Island presents the only opportunity in Palm Beach to reside on a private island and marks the second highest priced expensive home in the state.
In 2021, one of South Florida’s leading luxury spec home developers, Todd Michael Glaser and partners, Jim Randall, Scott Robins, and Jonathan Fryd, purchased the legacy estate for renovation and expansion at $85 million. Following the addition of a new main mansion, pool, and landscaping, the property was listed for $218 million in 2021 before it was completed. It was then relisted for $218 million with top Palm Beach broker Christian Angle and Douglas Elliman’s Chris Leavitt. The extraordinary property was then removed from the market last summer before relisting in late November.
Now, the remarkable residence has found a buyer at $187.5 million. 10 Tarpon Isle was listed with Chris Leavitt and Suzanne Frisbie of The Corcoran Group, while the buyer is represented by Margit Brandt of Premier Estate Properties. The original 1930s estate has been completely redeveloped and now spans a whopping 28,618 square feet of living space across the 2.2-acre private island. The residence features 11 bedrooms, 15 full bathrooms, seven powder rooms, a five-car garage, and a guest house.
The property boasts a multitude of upscale amenities with an emphasis on health and wellness. The wellness wing offers a massage room, hair salon, steam room, and sauna. The state-of-the-art fitness center presents a weight room, cardio room, wet bar, and fireplace. Further amenities include the ultramodern entertainment room equipped with a movie lounge, billiards table, wine refrigerator, and fireplace. The home also features a glamorous library with a bar and a humidor cigar display.
Stepping outside, the estate’s extensive ground features lush landscaping and 1,300 feet of waterfrontage along the Intracoastal Waterway with breathtaking views of West Palm Beach. Other exterior amenities include a rare lighted clay tennis court with viewing pavilion, loggia with full outdoor kitchen and fireplace, east-facing pool, and main south-facing pool with spa, bar, and cold plunge. The island also boasts two separate boat docks to accommodate an array of vessels and sea equipment.
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