Jimmy Buffett’s Palm Beach Home Sold for $4.2 Million: A New Chapter Begins

The late Jimmy Buffett’s residence at 135B Root Trail, a notable property in Palm Beach, has officially sold for $4.2 million. This sale marks the conclusion of an era, as it was the last of three houses owned by the iconic musician on the tranquil Root Trail street. The buyer is connected to the reputable Rooney family of the Pittsburgh Steelers, represented by attorney Timothy J. Rooney Jr. who manages the purchasing limited liability company, Found Me A Home LLC.

Key Highlights of the Sale

• Selling Price: $4.2 million
• Location: 135B Root Trail, Palm Beach
• Buyer’s Management: Timothy J. Rooney Jr., grandson of Pittsburgh Steelers founder Art Rooney
• Previous Ownership: The property was part of Buffett’s estate when he passed in September 2023.

About the Property

The two-story house spans 2,660 square feet and features two bedrooms. Notably, it shares a breezeway with a neighboring property that was sold earlier this year for $4.795 million. The property underwent renovations under Buffett, including creating a casual “hang-out room” equipped with a big-screen TV and a ping-pong table.

Historical Significance

• Buffett purchased the home in 2013 for $950,000.
• His connection with Palm Beach began in 1994, with his first home acquisition on the island for $4.4 million.
• The house itself is designed in a charming Key West-style architecture, adding to the allure of Root Trail, known for its blend of historic buildings and tropical vibes.

The Buying Party’s Profile

Timothy J. Rooney Jr., who already possesses a condominium in Palm Beach, expressed excitement about the purchase, planning to use the home for family visits. He shared his fondness for Buffett’s music, stating:

“I saw one of his last concerts. But I’m not a full Parrothead,” he remarked, referring to die-hard Buffett fans.

Rooney’s Background:

• Former role in management at Empire City Casino.
• His family has significant ties to Palm Beach, owning multiple properties in the area.

Real Estate Context

The property market in Palm Beach has a rich history, and this sale contributes significantly to Buffett’s real estate legacy, which includes approximately $37.8 million in transactions throughout his time in the area.

Additional Properties and Market Trends

• The other two homes of Buffett’s on Root Trail hit the market simultaneously last summer, following his passing.
• Both adjacent properties have attracted significant buyer interest, showcasing the desirability of Buffett’s real estate legacy.

Community Impact

Buffett was known not only for his music but also for his philanthropic efforts in the Palm Beach community, frequently engaging in local charity events. The properties he left behind serve as a reminder of his legacy and contributions to the cultural fabric of the area.

Neighborhood Appeal

• Root Trail is recognized for its scenic, historic buildings and Key West-style cottages.
• The area is conveniently located within walking distance to commercial districts like North County Road and Royal Poinciana Way, enhancing its charm.

Conclusion

The sale of Jimmy Buffett’s home at 135B Root Trail for $4.2 million encapsulates both a personal transition and a broader real estate narrative in Palm Beach. As new owners begin their journey in this cherished home, it stands as a testament to Buffett’s enduring presence in the community, balancing a legacy of musical triumph with real estate charisma.

For more insights into the Palm Beach real estate market, visit Palm Beach Daily News or explore the Real Estate section.