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Major League Baseball Star Max Scherzer Purchases Luxury Jupiter Estate

Lori Schacter of Illustrated Properties closed the nearly $18 million sale of a waterfront estate in Jupiter’s exclusive Admirals Cove community purchased by Major League Baseball player Max Scherzer. Schacter successfully listed the corner lot at 217 Commodore Drive and secured a sale close to the property’s asking price. 

Scherzer, a three-time Cy Young Award winner and World Series champion who currently pitches for the New York Mets, and his wife, Erica, own another high-end home on Commodore Drive. Admirals Cove and other private club communities in northern Palm Beach County are extremely popular with professional athletes and other high-profile individuals due to the combination of water, privacy, golf, tennis and other amenities.

Schacter is based in Illustrated’s Jupiter office at 300 W. Indiantown Road and has closed over $1 billion in sales while at the firm. She emphasized the potential to renovate the existing home or build a brand-new dream compound when marketing 217 Commodore Drive.

“It is exciting to complete the sale of Commodore Island’s premier corner point lot,” Schacter says. “I was able to leverage my relationships, market knowledge and Illustrated’s unparalleled marketing platform and global network to achieve an optimal result for the seller.”

With direct Intracoastal Waterway views, the more than half-acre 217 Commodore Road property is one of the community’s most extensive water frontage lots. The property’s 7,220-square-foot home has five bedrooms, seven-and-a-half bathrooms, an elevator, a full-house generator and a guest house. It also features a resort-style pool facing the Intracoastal and large entertaining loggias.

“We are extremely proud of Lori’s success and how she navigated this transaction for her sellers,” Illustrated Properties President Daniel Dennis says. “Her experience and knowledge of the ever-changing luxury market is a tremendous asset to both our company as well as our clients.”

Holly Meyer Lucas of Compass represented the buyers.

One of the few country club communities with its own marina, Admirals Cove provides residents access to 45 holes of golf, a tennis center, a yacht club, a kids’ program and five restaurants.

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Drew Limsky

Drew Limsky

Editor-in-Chief

BIOGRAPHY

Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.