Scott Stapp's Boca Raton Florida Mansion

UPDATE - Scott Stapp's Boca Raton Mansion for Sale "Scott Stapp and Jaclyn Nesheiwat have listed for sale an eight-bedroom, 3.5-bath home at 8812 Twin Lake Dr. in Boca Raton for $4.4 million. Stapp and Nesheiwat acquired the house for $4.995 million in March 2006. The 13,357-square-foot house in the Whisper Walk neighborhood was built in 2006. Katrina S. Campins of the Campins Co. Luxary Real Estate is the listing agent for the house. He received a degree in music from Valencia Community College. He also attended Western Kentucky University and Vol State Community College. Nesheiwat is a beauty pageant contestant and the winner of Mrs. Florida America 2008 as well as Miss New York USA 2004." Scott Stapp's, from Creed Boca Raton Mansion is pretty nice. Scott Stapp previously had a huge home in Orlando, Florida area for several years but relocated to Miami Beach in 2005. Stapp settled into a $5 million waterfront home in the La Gorce subdivision and also owned a nearly $3 million condo. On February 10, 2006, Scott Stapp married Miss New York USA 2004 winner Jaclyn Nesheiwat. Soon after the marriage, Stapp purchased a $5 million, two-story home in Boca Raton, Florida. The home offers seven bedrooms, seven bathrooms, tennis court, swimming pool and spa. Boca Raton is located approximately 30 miles north of Miami Beach. In March of 2007, Stapp had listed both of his Miami Beach residences for sale and moved to this Boca Raton Mansion. He recently made news when his wife Jaclyn Stapp called the police saying Scott Stapp was “on drugs and pot. There is a lot of pot in the house"

Huge Ocean Ridge Boynton Beach Mansion a1a and Ocean Blvd

So we get alot of emails and questions about the huge mansion at the end of Ocean Blvd where it meets A1A. This gargantuan Florida mansion next to the Boynton Beach Oceanfront Park.



The founder of the Miami Beach landmark restaurant The Forge is expanding his residential enclave in Palm Beach County's exclusive Ocean Ridge.

Multimil-lionaire Alvin Malnik dropped $7.9 million for a five-bedroom house on the Atlantic Ocean in the sleepy town east of Boynton Beach. The 9,417-square-foot house built in 1985 is at 6307 N. Ocean Blvd.

The lawyer-turned-real-estate-investor and his wife, Nancy, live in an 11-bedroom, 18.5 bathroom estate next door at 6301 N. Ocean Blvd. Their expansive home of six years measures about 44,600 square feet on 2.23 acres, making it the biggest house in Ocean Ridge. Ocean Ridge has about 3,000 residents -- including seasonal visitors.

Joseph and Carol Russo sold Malnik his newest home on March 28. The Russos paid $2.2 million for it in 1990. County appraisers put the market value of the oceanfront home at $3.85 million, less than half of the purchase price.

Malnik paid about $800 per square foot, and one broker said it was a good price.

"Some homes are selling for well above $1,000 per square foot in that area," said broker Candace Friis with the New York-based Corcoran Group in Delray Beach. "It is a terrific buy for the buyer. It is a very nice house."

Friis was not involved in the sale. She said the property was not on the Multiple Listing Service.

The Russos recently bought a house that's half the size in Palm Beach. They paid $3.95 million for a 4,686-square-foot home on Australian Avenue in February.

Malnik owes his South Florida celebrity in part to the success of The Forge, now run by his son, Shareef Malnik. Rich in European architecture and art, the former casino is a draw for celebrities, politicians and wine connoisseurs. The restaurant's underground cellar has room for up to 300,000 bottles.

Alvin Malnik, 73, bought the neglected restaurant in 1968 when he was a young attorney and his roster of clients included mob financier Meyer Lansky.

Considered one of the fathers of the organized crime in the United States, Lansky established gambling operations in Florida, New Orleans and Cuba in the mid-1930s. His illegal operations extended to drugs and prostitution. In the 1970s, he faced tax evasion charges and fled to Israel. His extradition brought him to Miami and prison. He died of lung cancer in 1983, leaving behind a $400 million fortune.

Malnik's association with the gangster tainted his reputation. In a 1980 opinion, the New Jersey Casino Control Commission described Malnik as a "person of unsuitable character and unsuitable reputation."

Malnik has always denied any involvement with organized crime, noting he was never convicted of any crime.

In recent years, Malnik has focused on real estate. He transferred ownership of The Forge to his son in 1991 after a spectacular roof fire heavily damaged the restaurant.

Shareef Malnik re-opened it and took it to a higher level. He created Jimmy'z at Cuba Club as part of the restaurant and has hosted celebrities such as Madonna, Michael Jordan, Robert De Niro and Paul McCartney.

The elder Malnik has been an active investor in South Florida real estate for at least three decades, said Mark Gilbert, a broker with Cushman & Wakefield in Miami. Malnik invests in commercial and residential income-producing properties, but his name rarely appears on corporate records filed with the state.

Gilbert has been a friend of Malnik's for years and does business with him at times. Gilbert was the registered agent of ANC Rental Plaza, in which Malnik was an investor. In February, ANC sold the former Blockbuster headquarters in Fort Lauderdale for $23 million to Miami-based N.R. Investments. The new owner is converting the tower to office condos, said N.R. Investments' principal Nir Shoshani.

Renamed Museum Plaza, the 177,000-square-foot building has 45,000 square feet available for sale. Blockbuster founder H. Wayne Huizenga's penthouse office and the ground-floor retail space are on the market for $290 to $320 per square foot, Shoshani said.

Malnik's real estate portfolio also includes 32.5 acres of vacant land northeast of Lyons Road and Clint Moore Road west of Boca Raton, according to Palm Beach County property records.

The founder of the Miami Beach landmark restaurant The Forge is expanding his residential enclave in Palm Beach County's exclusive Ocean Ridge.

Multimil-lionaire Alvin Malnik dropped $7.9 million for a five-bedroom house on the Atlantic Ocean in the sleepy town east of Boynton Beach. The 9,417-square-foot house built in 1985 is at 6307 N. Ocean Blvd.

The lawyer-turned-real-estate-investor and his wife, Nancy, live in an 11-bedroom, 18.5 bathroom estate next door at 6301 N. Ocean Blvd. Their expansive home of six years measures about 44,600 square feet on 2.23 acres, making it the biggest house in Ocean Ridge. Ocean Ridge has about 3,000 residents -- including seasonal visitors.

Joseph and Carol Russo sold Malnik his newest home on March 28. The Russos paid $2.2 million for it in 1990. County appraisers put the market value of the oceanfront home at $3.85 million, less than half of the purchase price.

Malnik paid about $800 per square foot, and one broker said it was a good price.

"Some homes are selling for well above $1,000 per square foot in that area," said broker Candace Friis with the New York-based Corcoran Group in Delray Beach. "It is a terrific buy for the buyer. It is a very nice house."

Friis was not involved in the sale. She said the property was not on the Multiple Listing Service.

The Russos recently bought a house that's half the size in Palm Beach. They paid $3.95 million for a 4,686-square-foot home on Australian Avenue in February.

Malnik owes his South Florida celebrity in part to the success of The Forge, now run by his son, Shareef Malnik. Rich in European architecture and art, the former casino is a draw for celebrities, politicians and wine connoisseurs. The restaurant's underground cellar has room for up to 300,000 bottles.

Alvin Malnik, 73, bought the neglected restaurant in 1968 when he was a young attorney and his roster of clients included mob financier Meyer Lansky.

Considered one of the fathers of the organized crime in the United States, Lansky established gambling operations in Florida, New Orleans and Cuba in the mid-1930s. His illegal operations extended to drugs and prostitution. In the 1970s, he faced tax evasion charges and fled to Israel. His extradition brought him to Miami and prison. He died of lung cancer in 1983, leaving behind a $400 million fortune.

Malnik's association with the gangster tainted his reputation. In a 1980 opinion, the New Jersey Casino Control Commission described Malnik as a "person of unsuitable character and unsuitable reputation."

Malnik has always denied any involvement with organized crime, noting he was never convicted of any crime.

In recent years, Malnik has focused on real estate. He transferred ownership of The Forge to his son in 1991 after a spectacular roof fire heavily damaged the restaurant.

Shareef Malnik re-opened it and took it to a higher level. He created Jimmy'z at Cuba Club as part of the restaurant and has hosted celebrities such as Madonna, Michael Jordan, Robert De Niro and Paul McCartney.

The elder Malnik has been an active investor in South Florida real estate for at least three decades, said Mark Gilbert, a broker with Cushman & Wakefield in Miami. Malnik invests in commercial and residential income-producing properties, but his name rarely appears on corporate records filed with the state.

Gilbert has been a friend of Malnik's for years and does business with him at times. Gilbert was the registered agent of ANC Rental Plaza, in which Malnik was an investor. In February, ANC sold the former Blockbuster headquarters in Fort Lauderdale for $23 million to Miami-based N.R. Investments. The new owner is converting the tower to office condos, said N.R. Investments' principal Nir Shoshani.

Renamed Museum Plaza, the 177,000-square-foot building has 45,000 square feet available for sale. Blockbuster founder H. Wayne Huizenga's penthouse office and the ground-floor retail space are on the market for $290 to $320 per square foot, Shoshani said.

Malnik's real estate portfolio also includes 32.5 acres of vacant land northeast of Lyons Road and Clint Moore Road west of Boca Raton, according to Palm Beach County property records.

Palm Beach Mansions - Sidney Kimmel Mansion sells to John Thornton

In another sign of just how hot the Florida mansion market has remained, the oceanfront estate built by billionaire businessman and philanthropist Sidney Kimmel has sold for $81.5 million, a record for the island.

John L. Thornton, 54, a former Goldman Sachs partner and chairman of the Brookings Institution, is the buyer, people familiar with the transaction said.

While the sale price was officially recorded in late 2008 at $77.5 million, listing agent Paulette Koch said the buyer also paid $4 million in closing costs. That means Kimmel got his full asking price of $81.5 million.

The deal underscores both the strength of the mansion market and the desirability of Kimmel's home at 1236 S. Ocean Blvd.

"The house was in impeccable condition, with the finest details," said Koch, adding that three other buyers were interested in the property.

The estate boasts 5 lushly landscaped acres and 300 feet of ocean frontage. The 32,000-square-foot home was designed by Thierry Despont, who also created Bill Gates' mansion.

The living room includes 26-foot ceilings and 20-foot-high glass panels that disappear into the floor at the push of a button.

The home also features a wine cellar, pool, waterfalls, staff quarters and an air chiller and 27-zone air conditioning system.

The sale tops the previous Palm Beach record of $70 million, which Ron Perelman's estate fetched in 2004.

Palm Beach Realtor John Pinson said he wasn't surprised that Kimmel's house sold so quickly and for full price.

"There are only so many outstanding, exceptional properties, and this is one of them," Pinson said. "It's a very nice, isolated location, and the beach is very pretty."

For many, the home's property tax bill alone would prove daunting - $517,775 last year.

While the overall housing market in Palm Beach County has struggled since late 2005, the mansion market in the town of Palm Beach is booming.

County home prices dipped 4 percent from 2006 to 2007, according to the Florida Association of Realtors, but Palm Beach prices jumped 13 percent during that period, according to a study by Palm Beach attorney Les Evans.

"There are buyers out there with plenty of money that they can afford to spend," Pinson said. "When you get into this very elite level, certain people are unaffected by economic changes because they're blessed with a lot of wealth."

Kimmel is founder and chairman of Jones Apparel Group and producer of films including The Kite Runner.

Thornton could not be reached for comment. In addition to his role with Brookings, an independent research and policy institute based in Washington, he is a director of Intel Corp., Ford Motor Co. and News Corp. He's also a professor of global leadership at Tsinghua University in Beijing.

It's not the first time Thornton has proved bullish on real estate.

In 2001, he set a record for New Jersey home sales by paying $18 million for a 118-acre estate in Bedminster that Princeton University had been using as a retreat, The New York Times reported.

Description from Listing Brokers Site for this huge house in Florida Reads - World Class Oceanfront: Designed by internationally renowned architect, Thierry W. Despont on approximately 5 private acres (301' frontage), this extraordinary residence is truly a "work of art". The essence of this masterpiece is the unsurpassed direct oceanfront setting, tropical gardens, fountains and reflecting pools perfect for monumental art, and the rich mahogany and pale French limestone pervasive throughout. This unparalleled architectural vision has floor to ceiling walls of glass designed to capture light and sweeping ocean vistas with over 32,000 square feet of unmatched quality and detail beyond compare.