British financier Antos Glogowski sells his longtime Palm Beach home to spec developer Todd Michael Glaser for $21.4 million
Glogowski Family Holdings LLC of Glogowksi is selling the house at 305 Indian Road on the northernmost tip of the island. Top broker Lawrence Moens of Lawrence A. Moens Associates brokered the sale. Glaser purchased the property with an investor, palm beach daily news The report said.
Grofsky owns AJG Investments, a Palm Beach-based investment firm. He bought the 5,400-square-foot house on Indian Road in 1994 for $725,000, records show. New York Times reporter Jeffrey Goldberg traced to glovski In Palm Beach in 1998, when AJG was buying certificates for privatization of Azerbaijan’s oil industry.
Built in 1995, the house sits on 0.8 acres and has six bedrooms, five and two and a half bathrooms. The property includes a swimming pool and 130 feet of oceanfront on Palm Beach Inlet, according to the listing and property records. Features views of Singer Island and Peanut Island.
The home has been on and off the market for five years, according to the Redfin listing. Glogowski first listed it in 2018 for $22 million and has since had asking prices ranging from $17 million to $35 million. It was last on the market in March for $24.9 million.
The listing advertises the home as an opportunity to renovate or rebuild. Glaser confirmed he plans to renovate the home and relist it.
The spec developer and his partners recently delisted his largest project in Palm Beach, Tarpon Island. With an asking price of $218 million, it is the most expensive listing in Florida. If sold at or near that price, the property would set a Florida residential sale record. The property is expected to return to the market.
Palm Beach’s current record is held by a beachfront estate purchased in April by luxury car dealer Michael Cantanucci for $170 million.
Glaser and his partners also sold a waterfront mansion at 854 South County Road in May for $63.4 million, up from the $53 million they bought last year. In April, the developer and its partners sold a penthouse atop the Tiffany & Co. building on Worth Avenue to auto dealer tycoon Terry Taylor for $18 million. .
