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    • Jimmy Buffett’s Palm Beach cottage sells for .11 million, MLS says
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    Jimmy Buffett’s Palm Beach cottage sells for $6.11 million, MLS says

    Umito Posted on

    The late Margaritaville singer’s country home and music studio, at 138 Root Trail, was listed in July at $7.25 million. Two other Buffett family homes are for sale on the same street.

    A historic cottage where the late Jimmy Buffett relaxed near the ocean in Palm Beach has changed hands for $6.11 million, more than 20 years after the “Margaritaville” singer and businessman purchased the property. ownership through an ownership company.

    The sales price for the just closed sale of 138 Root Trail was included on November 6 with the updated listing in the Multiple Listing Service. The Palm Beach Daily News was the first media outlet to report the sale.

    Buffett owned a music studio in a separate building next to the two-bedroom cottage, located on historic land. Palm Beach street where the singer’s family still owns two houses, both for sale.

    Buffett’s limited liability company, Sadeca Realty LLC, paid $802,000 for the one-story bungalow in 2002 — his first home on Root Trail. The wood-frame cabin was built between 1900 and 1915, according to city records. The city designated the house as a landmark in 2018, protecting its exterior walls from any significant alterations without permission from the local landmarks board.

    Surrounded by a picket fence, the bungalow has a separate one-bedroom building that Buffett used as a music studio. The buildings have 1,673 square feet of living space, inside and out, according to the sales listing.

    Among the features of the main house is a window-lined porch that extends almost the entire width of the street side facade. There’s also a back patio — with two outdoor showers — where a guest house once stood.

    Because no deed had been recorded as of early Nov. 6, it was unclear who purchased the cottage or the price that would need to be documented by the Palm Beach County Clerk’s Office.

    Buffett died of cancer in September 2023 at age 76 in New York. In April of the same year, he was named a billionaire for the first time by Forbes.com.

    His death left legions of shocked and saddened fans – known as “Parrotheads” – who were devoted to him, his laid-back lifestyle and his music, including his iconic songs “Cheeseburger in Paradise,” Come Monday”, “Fins” and “A Pirate is Forty.”

    Real estate agent Jim McCann of Premier Estate Properties handled the buyer’s side of the sale on Root Trail. McCann would not identify his clients by name, but said the house was not purchased by die-hard Buffet fans.

    “I think they know Jimmy Buffett, but I can’t say that they are, in the true sense of the word, ‘parrot heads,'” McCann said.

    He added: “What attracted them was the charm of Root Trail, the century-old house, the proximity to the beach and the (convenience) of the amenities of the Royal Poinciana Way commercial district – the restaurants and shops, etc. . »

    Among the oldest streets in Palm Beach, Root Trail runs between the ocean and North County Road, four blocks north of The Breakers complex.

    With an asking price of $7.25 million, the Palm Beach cottage was put up for sale in July along with the two other Buffett homes on the narrow North End Street. The Palm Beach Daily News announced the news of the announcements and was the first media outlet to report that 138 Root Trail had landed under contract in mid-October.

    Although he is often associated with Key West, Jimmy Buffett and his widow Jane, bought and sold other homes in Palm Beach. The company that owned the singer purchased the Root Trail cottage while the Buffetts still owned an oceanfront mansion across town, at 540 S. Ocean Blvd., which they sold. for more than 18 million dollars about 14 years ago.

    The wealthy city’s reputation for intimacy and small-town atmosphere appealed to him, the singer said in 2015as is Root Trail’s easy access to the beach for surfing and swimming. Although Palm Beach is known for its beachfront homes and lakeside estates, there are many smaller homes on the island, including those on Root Trail and other parts of the North End.

    The cabin is on the south side of Root Trail, with the other two Buffett homes directly across the street. Together, their lots are less than a fifth of an acre.

    Learn more: ‘Piano Man’ Billy Joel Sells Florida Mansion for $42.6 Million Near Palm Beach, MLS Says

    With many period details intact, the home sold at #138 has Dade County pine plank floors, exposed beam ceilings and a skylight in the well-appointed kitchen.

    The bungalow was originally built on block piers and covered with wooden clapboard siding, according to a prepared report. as part of the identification process. The cottage is one of the oldest examples of so-called “vernacular frame” buildings in Palm Beach, and the rarity of these homes adds to its historical significance, according to the report.

    Once an artists’ colony, Root Trail is lined with historic buildings, many of which are beach cottages, apartments, or restored homes.

    In 2013, Buffett expanded his Root Trail holdings by purchasing the two side-by-side, two-story homes across the street. Their architecture is reminiscent of the houses of Key West.

    The three properties on Root Trail were co-listed by agent Blake Hanley of Brown Harris Stevens and his mother, Denise Hanley – the Buffetts’ longtime real estate broker – of Denise A. Hanley Inc. Blake Hanley declined to comment the sale or ownership of the chalet.

    Denise Hanley previously told the Palm Beach Daily News the chalet is on a sort of “barefoot on the beach” street. “There’s nothing like it in Palm Beach,” she said. “It’s a really cool street — so historic, with an Old Palm Beach (vibe),” she said when the three homes first went up for sale.

    Root Trail, she said, is especially a favorite of people who, like her, have lived in town for a long time. “It always appealed to the more ‘beachy’ among us,” she said, adding that as a child, her son always dreamed of living there one day.

    The other two Buffett homes listed for sale are called Unit A and Unit B at 135 Root Trail. Unit A has three bedrooms and a total area of ​​2,450 square feet, according to property records, and is priced at $6.65 million.

    Priced at $6.125 million, Unit B has two bedrooms and a total area of ​​2,660 square feet. Each of the properties has 2,101 air-conditioned square feet, as shown in their sales listings.

    Connected by a brick-paved breezeway, the houses at No. 135 were once part of a two-building apartment complex dating back to at least the 1920s. They were converted by developers more than a decade ago into separate single-family houses connected by a breezeway and courtyard.

    Buffett purchased the homes at No. 135 in separate transactions using his ownership company, according to courthouse records. In March 2013, he paid $950,000 for unit Bwho at the time had completed the interiors. In May of the same year, he paid $1.3 million for the easternmost house, Unit Awhile its interiors were still unfinished.

    Both houses at No. 135 have parquet floors, one-car garages and well-equipped kitchens. Unit A also features tray ceilings and crown molding, while some rooms in Unit B have wood plank ceilings.

    Buffett owned all of his Palm Beach real estate through his Sadeca Realty LLC, for which he was a principal, according to state business records.

    In 2010, the Buffetts sold their since-demolished and replaced oceanfront mansion at 540 S. Ocean Blvd. for a recorded amount of $18.5 million. They bought the mansion for $4.4 million in 1994, according to property records.

    In 2011, the couple paid just under $5 million for a North End house at 309 Garden Road, which they sold in 2020 for $6.9 millionaccording to courthouse records.

    In addition to the Palm Beach resort on Root Trail, the Buffetts’ real estate portfolio included homes on Sunset Road in West Palm Beach and in Daytona Beach; Beverly Hills, California; and Sag Harbor, New York.

    Known for his business acumen, Jimmy Buffett built his fortune performing and recording his music, licensing song titles and capitalizing on the Margaritaville brand for hotels, restaurants, lounges, furnishings and other products.

    In late June, Governor Ron DeSantis signed a bill into law that named Florida State Road A1A in honor of Buffett.

    (This story has been updated to add new information.)

    *

    To see more photos of the late Jimmy Buffett’s longtime cottage at 138 Root Trail in Palm Beach, click through the photo gallery at the top of this page.

    Parts of this story were previously published in the Palm Beach Daily News.

    Darrell Hofheinz is a USA TODAY Network reporter from Florida who writes about Palm Beach real estate in his weekly column “Beyond the Hedges.” He welcomes advice on real estate news on the island. Email [email protected], call 561-820-3831 or tweet @PBDN_Hofheinz.

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