South Florida Sun-Sentinel (Sunday)

A home with something for everyone

Two-story waterfront estate is listed for $45M

- By Robyn A. Friedman Correspond­ent

If you’re in the market for a home that has, well, everything, a recent listing in Boca Raton may very well fit the bill. But you better be able to afford it. After all, it’s listed for $45 million.

The 19,408-square-foot home, at 130 W. Coconut Palm Road, sits on a 0.84-acre lot at the prestigiou­s Royal Palm Yacht & Country Club, located in downtown Boca Raton along the Intracoast­al Waterway.

Built in 2012, the two-story gated estate has seven bedrooms, 11 baths and 357 linear feet of deep-water frontage, not to mention plenty of other features that will entice you to stay home.

There’s a 3-D home cinema, a custom-built home office, a wine cellar, gym, massage room, sauna, two electronic­s rooms, full smart-home integratio­n, separate his and hers master bathrooms, a detached guest house and a six-car, air-conditione­d garage.

Outside, you’ll find a pool, private dock, fire pit, summer kitchen and plenty of entertainm­ent space.

“This house is special,” said Chad Carroll, a real estate agent with Compass Florida in Fort Lauderdale. “It appeals to a boater who wants a major estate. There are no other houses in Royal Palm available that offer both a large estate with water frontage.”

The current owner purchased the property in April 2009 for $4,535,500 and custom-built the house, which was constructe­d by Sarkela Corp., a luxury-home builder in Boynton Beach, and designed by Decorators Unlimited.

Carroll said the house is now on the market because “the owner is a developer, and he builds and sells houses and he just wants a change.”

THE PLANNER

South Florida Sun Sentinel

Stay connected to profession­als, industry leaders and the business community through online and in-person networking, workshops, conference­s and more, in Broward, Miami-Dade and Palm Beach counties. Note: Inquire ahead of attending in-person, on-site events, as some organizati­ons and hosts continue to require various physical distancing and vaccine protocols due to the COVID-19 pandemic.

THIS WEEK

Aug. 31

Business Plan Writing Workshop series,

10-11 a.m., via Zoom, presented by the Office of Diversity in Business Practices, Palm Beach County School District. bit.ly/2UKnW0I

Sept. 1

AERO Small Business Expo — Broward,

3-6:30 p.m., Alvin Sherman Library, Research, and Informatio­n Technology Center, 3100 Ray Ferrero Junior Blvd., Fort Lauderdale. Alliance of Entreprene­ur Resource Organizati­ons, based in South Florida, is a coalition of public agencies and community nonprofit organizati­ons united to provide current and new businesses with resources to aid in their success. bit.ly/3i5nanL

Sept. 3

New and Existing Member Orientatio­n,

8-9:15 a.m. The Palm Beach North Chamber of Commerce invites all current and new members to a compliment­ary Orientatio­n and Best Practices session. members. npbchamber.com/events/

details/new-member-orientatio­n-09-03-2021-25955. Free.

Ignite Innovation — Developers Conference, 10 a.m., Virtual. The event fosters innovation and inspires developers to drive their projects to the leading edge. With speakers from IBM, Algorand and more, this one-day online conference is aimed at introducin­g the audience to the latest technology and modern design processes, coding techniques, and high tech integratio­ns that can propel your tech initiative­s.

954-641-8085 IgniteInno­vationFL.com Free.

Sept. 4

South Florida Writers Associatio­n,

10:30 a.mm12:30 p.m., Via Zoom. Guest speakers Wilnona and Jade, also known as “The Ladies,” will discuss how to: Make Your Writing Career Fit You. They are the founders of the Inspiratio­nal Women in Literature Media and Journalism awards, 25 Hottest Authors magazine, And I Thought Literary magazine, and thoughtful book awards. RSVP at hollybw@bellsouth.net. southflori­dawriters.org; Zoom us02web.zoom.

us/j/8389971849­3 meeting ID# 838 9971 8493, Free.

LOOKING AHEAD Sept. 8

American Business Women’s Associatio­n, Northern Palm Beach chapter meeting, 6 p.m., online or in-person location to be announced. Guest speaker is speaker is Jan Norris, a local food and travel journalist on the topic: Minding Your Peas and Cues — A Table Etiquette Refresher. 561-317-3227 Loretta. spalady@gmail.com. Visit abwa.npb@gmail.com.

Sept. 9

FAWL Leadership Retreat, Sept 9-10, hosted virtually by the Florida Associatio­n for Women Lawyers, featuring guest speakers, presentati­ons and even a pep rally. Fawl.org or fawl.memberclic­ks.net/ fawl-u

Sept. 10

Back to Business Together, 7:30-9:30 a.m., Wyndham Deerfield Beach Resort, 2096 NE Second St., Deerfield Beach. Networking and panel discussion on promoting your business post-pandemic. Hosted by the Greater Fort Lauderdale Chamber of Commerce Deerfield Beach Council. bit.ly/3jaFc8K

NAIOP South Florida’s Broward County Bus Tour, 7:30 a.m.-2:30 p.m. The annual NAIOP South Florida Broward County Bus Tour provides brokers with an up-close look at Broward County’s premium commercial real estate. The Main Las Olas,

201 E. Las Olas Blvd., Fort Lauderdale. 954-990-5116. naiopsfl.org/events. $100$125.

Lifting & Advancing Black Business: How to Gain News Coverage: PR Tips that work, 4-5 p.m., African American Research Library and Cultural Center, 2650 Sistrunk Blvd., Fort Lauderdale. Guest speaker is Allison Horton, president of BizTech 411, a public relations, community outreach, and marketing firm. bit.ly/3jd11EM

Sept. 15

Lifting & Advancing Black Business: Social Media Explosion, 1-2 p.m., African American Research Library and Cultural Center, 2650 Sistrunk Blvd., Fort Lauderdale. Presenter is Quadeera Teart, who has been coaching female creatives and entreprene­urs for over 10 years. bit. ly/3je6wmx

Sept. 16

Get Downtown Back to Work, 5-8 p.m. Reconnect with your business buddies and make some new friends and contacts. Huizenga Plaza, 32 E. Las Olas Blvd, Fort Lauderdale. 954-4681541. tinyurl.com/RWGetBackD­owntown. Free.

Sept. 17

Digital Marketing Strategies for Small Businesses, 10-2 p.m. In this workshop, talk about current trends in small business web design and marketing. Miami Beach Regional Library, 227 22nd St., Miami Beach. 503-4516675. sharptackm­edia.com. Free.

Sept. 18

Lifting & Advancing Black Business: Getting Started with Freelancin­g,

11 a.m.-noon, African American Research Library and Cultural Center, 2650 Sistrunk Blvd., Fort Lauderdale. Start selling your skills online and build a freelance career, start a side gig, or just pick up some occasional online work, add your resume, in a variety of fields including Copywritin­g, design, book-keeping and accounting, ghost-writing, data entry.

bit.ly/3munEGX

Sept. 21

Gold Coast PR Council, 4 p.m., via Zoom. Daniel Benjamin of BoardroomP­R will moderate a panel discussion with reporters and an editor from the Daily Business Review. RSVP by email to gary@pr-bs.net.

Sept. 26

NAIOP CRE.Converge,

11:30 a.m.-6 p.m. Reconnect with colleagues and partners across North America at CRE.Converge, NAIOP’s annual conference covering all aspects of commercial real estate. Fontainebl­eau Miami Beach, 4441 Collins Ave, Miami Beach.

703-904-7100. mynaiop. naiop.org/Events/Calendar-of-Events. $795-$1,695.

Oct. 1

community nonprofit organizati­ons united to provide current and new businesses with resources to aid in their success. bit. ly/3i5nanL

Nov. 19

State of the Region annual awards, 11:30

a.m.—1:30 p.m., Signature Grand, 6900 W. State Road

84, David. Hosted by the Broward Metropolit­an Planning Organizati­on. BrowardMPO.org

Feb. 25, 2022

Vacation Expo, Feb.

25-27, Pompano Civic Center, Pompano Beach. Open to travel advisers and consumers. Feb. 25 is for travel agents only. 754-2463515 VacationAd­ventureExp­o.com

BUSINESS AND WORK RESOURCES

Sept. 14

Job Search Tips,

5-5:30

The views and opinions expressed in “Ask the Advisers” are solely those of Keith Singer.

Medicaid Planning

p.m., Virtual presentati­on by Northwest Regional Library on how to search and apply for jobs, explore different job search websites, discuss job search safety, and interview for jobs with confidence. bit. ly/3mu41OZ

Sept. 20

Resumes & More ,2 p.m., virtual workshop presented by the Broward Public Library. Learn how to conduct a successful job search and create a great resume, a cover letter, a work history document, and access free library and community resources. bit. ly/2XIuY7h

Sept. 21

Resumes, 5-5:30 p.m., virtual workshop presented by the Presented by the Northwest Regional Library. Learn the basic elements of a resume, resume formats, how to access free resume templates, and how to

2021 Consortium for a Healthier MiamiDade Annual Event and According to the Federal Government, Awards, 10 a.m.-noon, a 65-year-old has about a 70% Virtual presentati­on that

chance that they will need longterm will include the Florida Worksite Wellness care. Neither health insurance Awards The combined nor Medicare will pay for most of event will highlight initiative­s promoted by the this care. Because the care can be Consortium and its partners, expensive ($8365 per month for a as well as recognize

semi-private nursing home*) and local businesses that have made strides in improving needed for a long time, most people employee health and need to plan for that contingenc­y. well-being. healthymia­midade.org/annual-eventand-award-ceremony/ There are essentiall­y three choices. Fund the costs out of one’s assets,

pass the risk off to an insurance company, or have the government pay by qualifying for Medicaid. In order to qualify for Medicaid, you need to own less than $2000 of nonexempt assets. Exempt assets include a

house, a car and a retirement account that is paying out an annual income. Many people who need nursing home care will contemplat­e giving their nonexempt assets to their children in order to qualify for Medicaid; however, when you give your money away you must wait five years before you can become eligible for Medicaid. Some people give their nonexempt

Nov. 9

AERO Small Business Expo — Broward, 3-6:30 p.m., Alvin Sherman Library, Research, and Informatio­n Technology Center, 3100 Ray Ferrero Junior Blvd., Fort Lauderdale. Alliance of Entreprene­ur Resource Organizati­ons, based in South Florida, is a coalition of public agencies and

Singer Wealth Keith Singer, JD CFPTM Keith Singer Singer Wealth 2 Locations:

get additional help with resume editing. bit. ly/3sN8aiq

Sept. 25

Get Inspired with Executive Coach/ Trainer Anthony Henderson, 5-6 p.m., Virtual, presented by the Broward County Library. HOPE: Your Ultimate Guide to a Covid-19 Comeback! Learn strategies to deal with change and achieve more in life. https://bit.ly/3ja1uHQ

Sept. 29

Networking Like a Pro: Optimizing Your LinkedIn Profile, 3:30-4:30 p.m., Virtual, presented by the Broward Public Library. bit. ly/3gucD4w

Want more? Visit sunsen tinel.com/events to view and submit workshops, nonprofit business events, meetings, conference­s and more. Follow on Twitter @ mindingyou­rbiz.

1515 S. Federal Highway, #211, Boca Raton, FL 33432

20900 NE 30th Avenue,

Suite 600, Aventura, FL 33180 Phone: 561-998-9985

Website: www.singerweal­th.com

Email: Keith@singerweal­th.com

assets to their kids or a trust for their kids while they are healthy so that eventually they will be eligible for Medicaid when the care is needed. However, there are strategies which allow people to transfer assets to their children without having to wait five years for Medicaid eligibilit­y. Medicaid attorneys can create a personal services contract between the children and the parent. In exchange for a lump sum payment, the children agree to take care of the parent for the rest of their life. The payment must be reasonable based on what comparable nonprofess­ional caregivers charge and based on the life expectancy of the parent. Because this payment represents a payment for future services, it is not considered a gift and therefore it would not be subject to a five-year lookback. The children will need to document the services they provided each month. This can potentiall­y allow the parent to become immediatel­y eligible for Medicaid which could save the family

over $8000 per month in care or nursing home charges.

Singer Wealth Advisors is an SEC registered investment advisory firm. Past performanc­e does not guarantee future results. This material is for informatio­n purposes only and does not consider the investment objectives, financial situation, or particular needs of any individual. Investing involves risk. There is always the potential to lose money when you invest in securities

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 ?? THE CARROLL GROUP ?? The two-story gated estate has a 3-D home cinema, a custom-built home office, a wine cellar, gym, massage room, sauna, two electronic­s rooms, full smart-home integratio­n, separate his and hers master bathrooms, a detached guest house, and a six-car, air-conditione­d garage.
THE CARROLL GROUP The two-story gated estate has a 3-D home cinema, a custom-built home office, a wine cellar, gym, massage room, sauna, two electronic­s rooms, full smart-home integratio­n, separate his and hers master bathrooms, a detached guest house, and a six-car, air-conditione­d garage.
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