Developer buys historic South Florida mansion for $17M (photos)

Developer buys historic South Florida mansion for $17M (photos)

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Developer Todd Michael Glaser and his wife, Kim Glaser, bought a historic mansion in Palm Beach for $17 million. William H. Eberhardt sold the 9,028-square-foot home on the 0.9-acre site at 127 Dunbar Road. It’s two lots down from the beach. The deal included $15 million in seller financing. The price equated to $1,883 per square feet. Lawrence A. Moens of Lawrence A. Moens Associates brokered the deal. The home had been with the same family for 47 years and was never listed for sale, Glaser…

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