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Tommy and Dee Olceppo Hilfiger along 313 Dunbar Road (Getty, Google Maps)
If the previous renovations of their properties are any indication, fashion icon Tommy Hilfiger and his handbag designer wife Dee Ocleppo Hilfiger are likely to bring new life to their latest purchase at Palm Beach.
The couple paid $ 21 million for another home on ritzy Island, weeks after selling their Golden Beach mansion.
The Hilfigers bought the beach house at 313 Dunbar Road, property records show. Donald and Irene Dizney sold the three-bedroom, 5,047-square-foot home to the couple.
The Hilfigers bought the house through Villa Deniz LLC, which is managed by Michael Thomas Frost. The entity funded the purchase using a $ 14.7 million loan from JPMorgan Chase Bank.
The seller, Donald Dizney, is chairman of the board of United Medical Corporation. Dizneys paid $ 4 million for the 0.3-acre property in 2013.
Built in 2006, the Mediterranean-style home features a lakeside pool and green placement, columned courts and a concrete pier on the Intracoastal Waterway. It hit the market in December for $ 21.5 million.
Christian Angle along with Christian Angle Real Estate represent both Dizneys and Hilfigers in the deal, according to Realtor.com.
The Hilfigers recently sold their coastal Golden Beach estate for $ 24 million to real estate investor and author Grant Cardone.
In March, the Hilfigers bought a smaller home in Palm Beach for $ 9 million. They sold their Greenwich estate in January for $ 45 million.
Large ticket sales have become the norm in Palm Beach. Last month, punch clock heir Edward G. Watkins sold his path to Palm Beach for $ 95 million, marking the second best sale this year on the island, after selling $ 123 million to 535 North County Road to co -founder of Tiger Global Management Scott Shleifer.
Contact Katherine Kallergis
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