Palace Archives - Daily Real Estate News

$25 Million Islamorada Party Palace Has Private Baccarat Ballroom

Tony Ramos — Sun, 26 Apr 2026 02:18:37 +0000

An oceanfront Florida Keys estate that boasts nearly every over-the-top amenity imaginable has recently hit the market for the sky-high price of $24.99 million—complete with a veritable playground of features that were designed to awe, delight, and entertain.

Built in 2023, the seven-bedroom Islamorada, FL, megamansion was designed to accommodate up to 14 guests—offering a spread of bedrooms, as well as an abundance of unique living spaces, including a private Baccarat ballroom.

Occupying nearly nearly 2 acres of land between Miami and Key West, the property, which is listed with Pamela Dimartino of Coldwell Banker Realty, also has its own private beach and a 100-foot dock, capable of housing even the most impressive of yachts.

Known as The Chateau on the Ocean, the 10,182-square-foot estate was custom designed for grand-scale entertaining and luxury living, with the high-end amenities stretching far beyond its interior—where the ballroom, sports court, and private bar can be found.

“The property is quite unique in that the attention level to detail is like no other, down to the craftsmanship in even the smallest elements,” said David Coury, who is selling the property with his wife, Zoila Maya. “When people walk onto the property, they say it’s magical, there’s nothing like it. They immediately feel the synergy throughout. It has a calm, private atmosphere that’s hard to find.”

An oceanfront Florida Keys estate that boasts nearly every over-the-top amenity imaginable has recently hit the market for the sky-high price of $24.99 millionZoltan Photography

Occupying nearly nearly 2 acres of land between Miami and Key West, the property also has its own a private beach and a 100-foot dock, capable of housing even the most impressive of yachts.Zoltan Photography

The seaside retreat has hosted everything from lavish weddings to exclusive high-end events. It is less for large events now and more for private stays, where families from around the world come to relax and spend time together.

With a private chef, butler service, and everything available on site, guests often stay on the property for the entire visit.

“We built a great room that can be converted to an indoor pickleball court or basketball court,” Coury said. “This is not your typical house. It’s extremely versatile, with nine Baccarat chandeliers that completely change the vibe of the space into more of a Miami style lounge.”

Outfitted with Restoration Hardware pieces outdoors, the home’s lavish furnishings, including custom daybeds and lounge areas, convey with the estate, providing the next buyer a unique turnkey opportunity. Inside, much of the furniture was designed or built specifically for the home.

The sophisticated property boasts “couture-level finishes” with each bedroom individually designed and named by Maya.

An opulent Palazzo Suite overlooking the Atlantic boasts a Champagne minibar, designer furnishings, and floor-to-ceiling walls of glass offering panoramic ocean views that open up to a wraparound terrace.

A Glamour Suite was designed as a private salon where guests can have hair and nail services without leaving the property, something Maya highlighted as part of the overall experience.

Other ornate details include Versace wallpaper, elegant chandeliers, wrought-iron balconies, custom stained glass elevator doors, grand staircases, and mosaic fountains.

What started out as the couple’s personal beach getaway eventually turned into a luxury resort-inspired megamansion.

The sophisticated property boasts “couture-level finishes” with each bedroom individually designed and named by Maya.Zoltan Photography

Coury estimates they spent more than $8.1 million adding additional features and upgrades.Zoltan Photography

“It is often referred to as the Versace House of the Keys,” Maya added. “The outdoor living has paddleboards, kayaks, charcoal grills, a pizza oven, and a weatherproof dock that is illuminated.”Zoltan Photography

“We invested $14.55 million to improve the property,” Coury said. “We built it as a home to stay in forever. A lot of passion and love was put into this home.”

Maya explained that after Hurricane Irma, they began remodeling and continued expanding the property, admitting: “When we started building, we got carried away.”

Coury estimates they spent more than $8.1 million adding additional features and upgrades.

Other amenities found throughout the property include a cigar room, a fully equipped fitness center, a mosaic pool, and a raised spa with imported finishes. Multiple lounge and dining areas overlook the outdoor space that also has a 300-inch outdoor LED screen with surround sound.

A 5,500-square-foot rooftop terrace offers breathtaking views of the Atlantic Ocean.

Coury said the growing Islamorada market coupled with Maya’s interest in creating experiences led them to open the property to select guests as a high-end rental property.

“We have been very selective who we have come onto the property because it is such an exclusive private estate,” he said. “There are not enough words to describe how unique this property is. The dining room has sliding glass doors that open for outdoor dining and overlook the ocean. When you are there, you feel like you are on a cruise ship.”

The property is designed in a way that once guests arrive, they rarely feel the need to leave.

If the next investor wanted to expand, the estate includes preliminary architectural plans for six additional suites, including two oceanfront residences, giving the option to grow the property into a larger legacy compound.

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1980s ‘Contemporary Glass Palace’ in Maryland Snags Buyer Mere Days After Listing for $2 Million

Tony Ramos — Mon, 26 Jan 2026 05:12:21 +0000

A one-of-a-kind “contemporary glass palace” in Maryland that boasts its own “party kitchen” has managed to snag a buyer mere days after it was put on the market for $1.99 million.

The 1980s-era abode, which features an array of unique amenities in addition to its eye-catching design, spreads across 8,000 square feet in Potomac, MD.

Thanks to the walls of glass, which are found inside and out, the property is a light-filled sanctuary made all the more staggering by its open floor plan, which offers a sun-soaked interior that makes the dwelling look all the more expansive.

The drama begins from the moment you approach the home, which has a largely white-and-glass exterior accented by a bold red tower that soars up through its center.

That imposing presence continues inside the two-story entry, which is accented with glass block walls and a sculptural floating spiral staircase.

An eye-popping entry boasts glass block walls and a sculptural spiral staircase. (Realtor.com)

The dining room designed for grand-scale entertaining seems to float above the entry. (Realtor.com)

A Wendy’s-style glass atrium overlooks the expansive deck and serene lot. (Realtor.com)

It is, for all intents and purposes, a living work of art, one that has, for many years, been used to showcase an equally impressive collection.

“The sellers are art collectors and bought the home to showcase their art,” said listing agent Harriet Kline of Long & Foster Real Estate. “It’s a very cool home and has an attached apartment with a large deck that attaches the home to the apartment.”

Built in 1985, the six-bedroom estate also has an energy-efficient design for sustainable living.

That, coupled with the unique appearance of the property, helped the dwelling to lure in a buyer within days of its listing going live.

“It’s already under contract,” Kline said. “All of the people who were looking at the home were looking for something different from the average build. They loved the open floor plan and were wanting to use it as a primary residence.”

Other highlights include butcher block hardwood floors found on the first floor and custom lighting, ideal for art collectors.

“The sellers also put in an elevator for easy access from the main level to the second floor,” she said.

A cozy living room with wood-burning fireplace offers peaceful views of the wooded lot from its floor-to-ceiling windows.

The main kitchen has sleek custom cabinetry and a breakfast bar. (Realtor.com)

The contemporary home boasts an 8,000-square-foot open floor plan. (Realtor.com)

There is nearly 13,000 square feet of outdoor decking designed for entertaining and soaking in the views. (Realtor.com)

One of the most impressive features is the loft-style dining room custom made for grand-scale entertaining that seems to float above the entrance surrounded by glass on two sides with access to the expansive outdoor deck.

“There is also a glass skylight that goes almost the whole length of the house,” Kline noted. “It’s a very unique home and extremely well built.”

The sleek main kitchen has curved cabinetry with stone countertops and an oversized breakfast bar.

“The home was custom designed for entertaining and has three kitchens: one in the apartment, one in the lower level for entertaining, and the main kitchen,” she added.

A Wendy’s-style glass sunroom ideal for dining and soaking in the views overlooks an enormous deck.

“It is located on a little more than 1 acre, which is also very appealing,” Kline said.

Also found on the 1.3-acre private lot is a three-car garage with full apartment located above that would be ideal for extended family and guests.

“The one-bedroom apartment has 1,000 square feet of space and has a fireplace, a fully equipped kitchen that four people can easily dine in, oversized windows, and two balconies,” she said.

There is also approximately 13,000 square feet of outdoor decking ideal for entertaining and relaxing found between the main home and guest accommodations.

“What makes this home unique is that you can get to Washington, DC, and Bethesda very easily, and it’s close to a lot of hiking and biking trails, and nearby Potomac Village and the Clara Barton Parkway,” Kline noted. “It’s nestled between all that and is truly a one-of-a-kind home.”

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Historic Westwood Movie Palace Changes Hands

Tony Ramos — Fri, 16 Feb 2024 00:05:36 +0000

Newmark completed the sale of the historic Fox Village Theatre, located at 945 Broxton Ave. and 10959 Weyburn Ave. in Westwood Village in Los Angeles. The property sold for an undisclosed amount.

Senior managing director Steven Salas, vice chairman Bill Bauman and executive managing director Kyle Miller represented the undisclosed sellers in the transaction. The buyer reportedly was a group led by film director Jason Reitman.

Built in 1929 and declared a historic-cultural monument in 1988, Fox Village Theatre spans a combined building area of 24,099 square feet. This includes a 17,155-square-foot operating movie theatre and an additional 6,944 square feet of retail space, featuring a 3,088-square-foot Starbucks outlet. The property presents distinctive architectural elements, including a 170-foot tower.

“The Fox Village Theatre is not merely a property; it is a cornerstone of Los Angeles’ cultural legacy,” said Salas. “Its rich history, combined with the architectural marvel, has made it an iconic landmark. We are honored to have represented the sellers in this transaction and are confident the legacy of the Fox Village Theatre will continue to flourish.”

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