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Vacant lot on west side of Everglades Island sells for $8.6 million

Posted On: 07-17-2017

Roger K. and Roxann Scott Taylor already have won town officials’ approval for a new house they want to build on a vacant lot that just changed hands for a recorded $8.6 million at 671 Island Drive.

At its meeting last month, the Architectural Commission approved plans for the Taylors’ planned contemporary-style, two-story house with large expanses of bronze-framed glass. On the west side of Everglades Island, the house would face about 100 feet of frontage on the Lake Worth Lagoon. The land measures a little more than a third of an acre.

It’s not unusual for a potential buyer of a property to submit plans to the architectural board in advance of a sale closing.

The property had been on the market since March 2015 and was listed at $8.95 million, according to records in the Palm Beach Board of Realtors Multiple Listing Service.

Roger Taylor bought the house in his name, according to the deed recorded today by the Palm Beach County Clerk’s office.

The lot was sold by Barbara M. and Alfred J. Fisher III, who acted as a trustees of separate trusts in their names, courthouse records show. Alfred Fisher is president of Fisher & Co., a fourth-generation family-owned manufacturer of seat mechanisms for the automotive industry headquartered in St. Clair Shores, Mich.

With ties to New York City, the Taylors already have a house at 260 N. Woods Road on the North End, according to property records. Roger Taylor has owned it in his name since 2013, and it is not listed for sale in the local MLS.

Agent Cristina Condon of Sotheby’s International Realty was the listing agent for the vacant lot. She declined to comment on the transaction.

Agents Dana Koch and Paulette Koch of the Corcoran Group acted opposite Condon during negotiations.

The real estate agents involved in the sale declined to comment on the deal. The Taylors and the Fishers couldn’t be immediately reached.

The Fishers paid a recorded $1.75 million for a house on the property in 1993, with the deed for that sale identifying them with an address in Grosse Pointe, Mich., property records show. The couple later transferred ownership to their trusts.

The Fishers used the house as a vacation retreat but razed it several years ago with the intention of building themselves a custom home. But those plans never came to fruition.

Designer Michael Perry of MP Design & Architecture and architect Ray Booth of McAlpine presented plans for the house during the June 28 meeting of the architectural board, which green-lighted the architecture in a 5-2 vote on its intial review. The board deferred the landscaping plan for reconsideration on July 26.




Source: Darrell Hofheinz, July 17, 2017, Palm Beach Daily News

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