Celebrities, CEOs shell out mega bucks to Treasure Coast tax collector offices
Friday, April 10th, 2009 by TCPalm.comAlong with status and prestige, Treasure Coast celebrities and CEOs bring in beaucoup bucks to the local tax collector’s offices.
Pop star Celine Dion just shelled out $171,040 in property taxes for her 3.7-acre oceanfront Jupiter Island estate on the 200 block of South Beach Road.
Dion’s estate, which is registered under her Montreal-based company Renlec Management Inc., is on the same street as Richard Fuld Jr., the former chairman and chief executive officer of Lehman Brothers. He changed ownership of the $13.3 million Jupiter Island home on 265 Beach Road exclusively into his wife’s name almost two months after the company had the largest bankruptcy filing in U.S. history.
Public records show the couple plunked down $197,194 in property taxes on Nov. 11.
Professional golfer Greg Norman, who slashed the price of his famous barrier-island estate from $65 million to $47.5 million last year, also shares the same ZIP code as the Fulds and Dion. Tax records show Norman paid a whopping $326,751 in residential taxes last January on his 8-acre property, named “Tranquility,” at 382 South Beach Road.
Tiger Wood’s 12-acre site on the 400 block of South Beach Road still is under construction, but his future property taxes could beat out Norman’s bill in the future.
County records show Sand Turtle LLC, the entity registered as the owner of the Woods property, paid a $70,744 tax bill in November. Woods is building a 10,000-square-foot, two-story home with an elevator, guest house, guardhouse and boathouse. The property stretches from the Intracoastal Waterway to the Atlantic Ocean.
Taxes seem a little more reasonable in Indian River County. Author and journalist Carl Hiaasen and his wife Fenia paid Vero Beach their $16,988 property tax bill on Nov. 5.
“I think these people, the celebrities, we do have here are very quiet about it,” said Janet Vizzo, a manager at the Martin County Tax Collector’s Office. “It’s not very well known.” (more…)


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