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Drawbridge’s Jason Elmer and 11757 Elina Court (LinkedIn, Google Maps)
A cybersecurity CEO purchased a Palm Beach Gardens home in the Old Palm Golf Club community for $9.2 million.
Records show that Jason Elmer and Marissa Elmer purchased the 11757 Elina Court home from Matthew Brown and Christine Brown. Jason Elmer is the founder and president of Drawbridge, a cybersecurity company based in Palm Beach Gardens. Marissa Elmer until recently served as her Director of Financial Planning and Analysis at Estée Lauder Her Companies, but she is currently unemployed, according to her LinkedIn profile.
According to records, Matthew and Kristin Brown together run MK Brown Holdings, a Florida LLC.
Jeremy Browne of Compass represented the seller and Margit Brandt of Premier Estate Properties represented the buyer.
The Browns purchased the home for $3.8 million through an LLC in 2019, records show. Built in 2017, his four-bedroom, five-bathroom home spans approximately 7,000 square feet. Browne said his customer was new and he installed an AC system and a generator.
But according to Brown, the real selling point of the home was the closet.
“Buyers will say that the wife sold the house because she liked the closet,” he said. Browne’s client had converted one of his bedrooms in the house into a large walk-in closet to showcase his collection of designer bags and shoes.
The recorded sale price was $9.2 million, but the actual price, including furniture, is $10.2 million, Browne said. Brown said the home, which sits on his half-acre lot in the private community of Old Palm Golf Club, sets a record for a gated neighborhood small lot.
Furnished home sales are becoming more common in the South Florida market, Browne said, with sellers placing more value on furniture than in the past.
“I don’t know if it’s because of COVID-19 or because of the realization of convenience,” he said.
Other recent sales at the Old Palm Golf Club include a home the healthcare CEO bought for $8.8 million in September. Prior to that, the two-lot mansion sold for his record $22.5 million in July.
Other recent Palm Beach Gardens sales include a waterfront mansion purchased by local developers Robert and Myron Miller for $11 million and quickly relisted in August for $13.9 million .
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