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In Palm Beach’s Acreage Section — seven houses arctic of Admiral Donald Trump’s Mar-a-Lago — a abode congenital in the 1950s has afflicted easily for a recorded $14 actor at 1015 S. Ocean Blvd.



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An bank abode aloof bottomward the artery from Admiral Donald Trump’s Mar-a-Lago Club in Palm Bank has awash for $14 million, the amount recorded Friday with the deed.

Facing 242 anxiety of beachfront, the abode at 1015 S. Ocean Blvd. is the seventh one arctic of Mar-a-Lago’s Bank Club.



The four-bedroom abode stands east of the littoral alley on a attenuated band of acreage with beneath than a dozen homes. The acreage is in the Acreage Section adjacency that closes to through-traffic aback the admiral visits his winter White House.



Ripe for replacement, the one-story abode congenital in 1950 at No. 1015 occupies a lot barometer about an acre. It stands anon beyond the artery from a two-story abode advancing achievement on a lot that stretches amid Via Palma and Via Del Lago.

The abode that aloof afflicted easily was the home of the backward philanthropist Jennie K. Scaife, whose ancestor was the backward billionaire bi-weekly administrator Richard Mellon Scaife, almsman to the Mellon banking, oil, and aluminum fortune. Jennie Scaife died in November 2018 at 55.

The accomplishment recorded Friday shows the abode was awash by David Zywiec, acting “individually” and as almsman trustee to The JKS 2017 Absolute Acreage Trust, which was called afterwards Jennie Scaife’s initials. Zywiec is admiral of the Scaife Family Foundation in West Palm Beach, the arch almsman of her estate, according to cloister records. Zywiec could not be accomplished for comment.

The acreage was bought by a Florida bound accountability aggregation called 1015 South Ocean LLC. Its commitment abode is in affliction of the Kochman & Ziska absolute acreage law close in West Palm Beach. Advocate Maura Ziska, who manages the bound accountability company, beneath to altercate the sale, and no added advice about the client was anon available.

>>RELATED: Read added Palm Bank absolute acreage news

With a red-tile roof, the abode and an outbuilding accept 10,403 aboveboard anxiety of active space, central and out, acreage annal show. The blueprint revolves about a courtyard with a pond basin at its center..

Because of the area’s below elevation, the abode does not accommodated accepted flood-plain requirements. That agency the aboriginal attic of any new abode congenital on the acreage — or alike a cogent acclimate of the absolute one — would accept to be animated to accommodated acrimonious flood regulations.

Agent Thor Brown of the Corcoran Group handled both abandon of the sale, according to the assorted advertisement service. He listed the abode in November at $19.9 actor and alone the amount by $2 actor in aboriginal March, annal show. The MLS shows the acreage went beneath arrangement Monday and the auction bankrupt Tuesday.

The abode aftermost awash for $3.5 actor in 1995, according to courthouse documents. Via an centralized accomplishment transaction in July 2017, an advocate who served as trustee of the acreage transferred buying to Jennie Scaife alone and as trustee of her trust. She was bachelor aback she died and had no children, cloister annal show.

Scaife’s father, who died in 2014, endemic and served as administrator of the Pittsburgh News-Tribune and its properties.

His babe served as administrator and trustee of the Scaife Family Foundation. In the years anon afore her death, the alignment focused its grants on animal-related charities, according to appear reports. She additionally accurate accommodating causes adherent to bloom care.

>>RELATED: President’s sister sells Palm Bank abode to aggregation affiliated to Trump family

Sales nearby

The band of acreage area the abode stands has been in the account over the accomplished few years as the armpit of several noteworthy sales:

* Anon arctic of Mar-a-Lago’s Bank Club is a two-story abode that was awash in May 2018 by one of Trump’s sisters, retired federal adjudicator Maryanne Trump Barry. Using a trust, Barry awash the traditional-style abode for a recorded $18.25 actor to a bound accountability aggregation that federal banking acknowledgment forms showed was controlled by the admiral and administered by his two beforehand sons, Donald Trump Jr. and Eric Trump. Absolute acreage abettor Christian Angle of Christian Angle Absolute Acreage handled both abandon of the sale.

Built in 1956 but after renovated, the Trump abode stands on a lot barometer about a half-acre with about 194 anxiety of oceanfront.

>>RELATED: Financier buys contemporary-style abode abreast Mar-a-Lago for $19.5 million

* A brace of months earlier, a contemporary-style abode at 1045 S. Ocean Blvd. afflicted easily for a recorded $19.5 million. It stands anon south of the one that awash this week.

Michele “Shelly” Borislow awash her adapted 1970s abode at 1045 S. Ocean Blvd. to merchant abettor and advance administrator Lionel Kerrin Vickar, who again agitated out renovations at the property. The auction included an all-embracing abandoned bindle on the arctic ancillary of the acreage that Borislow’s backward husband, administrator Dan Borislow, acclimated as an breezy soccer field. In total, the acreage measures about an acre with 226 anxiety of beachfront.

Agent Traci DeGeorge of Waterfront Backdrop and Club Communities represented Borislow in the deal. Abettor Wally Turner of Sotheby’s International Realty handled the buyer’s side.

>>RELATED: One-bedroom beachfront abode abreast Mar-a-Lago fetches $7 million: deed

* In July 2018, a one-bedroom bank abode buiit in 1976 afflicted easily for $7 actor at 977 S. Ocean Blvd., a lot arctic of the acreage that awash this week. Advocate L. Frank Chopin awash his abode to a aggregation controlled by Rusty and Ashley Holzer. In that deal, advertisement abettor Lawrence Moens of Lawrence A. Moens Associates acted adverse abettor Wahkuna Vega of Earl Hollis Inc.

The Holzers accept approved but bootless to win the Palm Bank Architectural Commission’s favor for a abode they appetite to body on the property. An advocate for the brace had argued in Boondocks Hall that the restraints of the lot and its flood-plain requirements aggregate a “hardship” that justified the boondocks acceding a cardinal of cipher variances to lath the new house. But commissioners haven’t been assertive and said the best contempo architecture of the abode was too overscaled for its half-acre lot, which has 173 anxiety of oceanfront. The lath is accepted to accede a revised architecture in July.

>>REALTED: Landmarked abode abreast Trump’s Mar-a-Lago fetches $12 million

* Aftermost June, a assurance was on the buyer’s ancillary aback a landmarked beachfront abode bristles lots arctic of Mar-a-Lago awash at 1047 S. Ocean Blvd. for a recorded $12 million. The Art Moderne-style abode — congenital in 1935 and advised by acclaimed association artist John L. Volk — was awash by Karin Jack. Its lot of about a half-acre has 100 anxiety of beachfront, acreage annal show.

Agent Victoria E. Copani of Donohue Absolute Acreage Palm Bank acted on Jack’s account in the auction of No. 1047, and Vega handled the buyer’s side.

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This is a developing story. Check aback for updates.

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Last Updated: July 6th, 2020 by admin
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