Firm’s No. 1 producer of 2019 completes upscale Northern Palm Beach community’s most expensive sale in seven years; also sells Bear’s Club estate for $7.8 million

Vince Marotta, the No. 1 producer at Illustrated Properties - a member of The Keyes Family of Companies – in 2019, closed the most expensive luxury residential sale in North Palm Beach’s Seminole Landing in seven years. The $8.65 million transaction comes a few weeks after Marotta completed a $7.8 million sale in Jupiter’s exclusive Bear’s Club. Both deals involve high-profile individuals.

The Seminole Landing sale closed on April 1. Marotta exclusively listed the waterfront estate at 12314 Plantation Lane on behalf of sellers Bob and Robin Martin. Bob Martin is the owner of The Decorators Unlimited, one of the top interior design firms in Florida.

Lance and Lynn Young are the buyers of the six-bedroom home. Lance Young is a California-based engineer who helped design one of the first artificial hearts. Former Vice President Dick Cheney was one of the beneficiaries of Young’s pioneering work.

Located on 1.23 acres with 375 feet of deep water frontage and 80 feet of dock space, the 10,814-square-foot French Country Estate also includes six bathrooms and two half-bathrooms; a heated swimming pool and spa; elevator; whole house generator; 1,000-bottle air conditioned wine room; seven-car garage and private beach access.

In The Bear’s Club – one of Florida’s top golf course communities designed by Jack Nicklaus, Marotta closed the sale a six-bedroom, six-bathroom, 9,865-square-foot residence on 1.1 acres at 162 Bear’s Club Drive on March 9. Soula and Richard Rifkin, an investor in Michael Jordan’s 1000 North restaurant in Jupiter, sold the property to Lisa and Michael Grondahl, former CEO of Planet Fitness and one of the health club chain’s founders.

The Grondahls were particularly enticed by the home because their son is an aspiring professional golfer.

Marotta, a former college football and track athlete at Yale University who participated in several of the iconic Yale/Harvard rivalry games, applies the passion, tenacity and dedication cultivated on the gridiron to his longtime position as one of the most prolific luxury real estate agents in the Palm Beaches. His latest transactions are two of the 12 most expensive sales in the northern Palm Beach market (bordering Palm Beach Inlet to the south, Sailfish Point to the north, the Atlantic Ocean to the east and the Everglades to the west) in the past 12 months. Illustrated has been involved in 4 of those 12 sales.

“I am thrilled to get these sales completed in the midst of everything going on in our state and country right now,” Marotta said. “I want to express my appreciation for my amazing assistant Wendy Cullen. Many luxury agents in this market work with sizeable teams of Realtors – I am proud to consistently produce results like the Seminole Landing and Bear’s Club closings on my own, with Wendy providing incredible support.”

Over the past 14 months, Marotta has closed more than $63 million in sales. He has also achieved three of the top 37 sales, and six of the top 93 sales, out of more than 10,000 total sales within the northern Palm Beach market over the past 12 months, according to MLS data as of April 2. Marotta is the only area Realtor who has sold the highest-priced condominium in a given year in every beachfront town from Singer Island to Jupiter Island.

Marotta is also set to close the most expensive condo sale in Juno Beach in the past 14 years.

“Vince Marotta continues to amaze us with his consistent output in the Palm Beach luxury market,” Illustrated President and CEO Mike Pappas said. “He knows the ins and outs of every high-end community in the area and expertly packages that knowledge for the benefit of his clients. No one works harder than Vince.”

Kathleen Manfredi of the Kathy Courtney Realty Group represented the buyers in the Seminole Landing sale. April Hodges Stevenson of Weichert Realtors - Hallmark Properties represented the buyers of the Bear’s Club residence.

In 2019, Illustrated was named the Member of the Year by Luxury Portfolio International®, the luxury marketing division of preeminent global network Leading Real Estate Companies of the World®, one of the luxury real estate industry’s most coveted awards. Keyes and Illustrated control more than 20 percent of the $1 million-plus market in northern Palm Beach County.

About Illustrated Properties: The story of Illustrated Properties began in the 1930s, when F.F. “Bud” Adams, Sr. started selling land in Hobe Sound and on Jupiter Island. His son, Bud Jr., took the family business to Palm Beach in 1975 and founded Illustrated Properties. He also became the exclusive broker for Lost Tree Village and John’s Island. Under the leadership of Bud Jr.’s son, F.F. “Chappy” Adams III in the 1980s, Illustrated grew significantly while implementing new and innovative real estate technologies. The company endured a great loss with the passing of Chappy Adams in January 2013 but continued to grow as the #1 real estate brand in Palm Beach County while maintaining the culture of a family-owned business. Today, Illustrated Properties has more than 700 agents in 22 offices throughout Palm Beach, Martin, St. Lucie, Volusia and Collier counties. Illustrated is a Christie’s International Real Estate affiliate and a member of the Leading Real Estate Companies of the World® network.