Tarpon Island on Palm Beach was listed at $187.5 million when it sold. Here are 10 facts about this private island.
Editor’s note: This story was updated to include the buyer and reflect a recorded price of $150 million for the sale of 10 Tarpon Isle, as documented by the deed recorded May 20, 2024, by the Palm Beach County Clerk’s office. A previous version of the story reported a $152-million sale price based on a May 17 update of the closed sale in the Palm Beach Board of Realtors Multiple Listing Service.
It’s not unusual for prices of transactions recorded at the courthouse to be lower than those reported in the MLS, according to real estate observers. Recorded prices may not include real estate commissions, fees and other costs associated with the transaction.
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Palm Beach’s Tarpon Island just sold for an eye-popping recorded price of $150 million, which includes a 1930s-era house the seller has extensively renovated and expanded. The sale, which closed May 17 to an unidentified buyer, was the highest-dollar residential deal in Florida this year, and likely the biggest sale in the country of 2024 so far, the recorded price shows.
The sellers, developer Todd Michael Glaser and an investment group, had last listed the house with a price tag at $187.5 million, down from a high of $218 million.
With prices like those, what makes this property so special? Here are 10 facts about Palm Beach’s only private island.