An iconic Palm Beach mansion from the Roaring ’20s has changed hands on the oceanfront for a record $76.73 million in Palm Beach.
Garbage and recycling magnate Anthony Lomangino and his wife Lynda bought the mansion at 260 N. Ocean Blvd. in an off-market transaction. The Lomanginos, who own another home in Palm Beach, acted as trustees of revocable trusts on their behalf, the deed filed Feb. 2 said.
Businessman Harvey Kinzelberg and his wife Mary Ann sold the house, which was designed by renowned architect Addison Mizner and is known as Villa Flora.
Harvey Kinzelberg used a limited liability company to buy the North End mansion for a reported $9.58 million in 2001, property records show.
The Venetian Gothic-style home and its detached cottage and garage building sit on just over 2 acres at the southwest corner of North Ocean Boulevard and Dunbar Road. Originally addressed as 110 Dunbar Road, the property includes a beachfront parcel with approximately 200 feet of shoreline on the opposite side of North Ocean Boulevard.
The eight-bedroom property is just under a mile north of The Breakers Golf Course.
In total, the house and guesthouse have a combined 13,281 square feet of living space, inside and out.
The main residence is roughly U-shaped, with two wings projecting to the west to create a landscaped courtyard. With several garage spaces, the outbuilding faces the house at the rear of the property. The building doubles as a pool cabana on the northwest side of the backyard.
Mizner designed and built the house in 1923 for millionaire banker and stockbroker Edward Shearson. The residence was named after Shearson’s wife, Flora Josephine Shearson.
Considered one of Mizer’s most important residential projects, the house was among the first to receive landmark protection from the city. The designation was granted in April 1980 and protects the exterior walls from significant alteration without permission from the Landmarks Preservation Commission.
The oceanfront facade of Villa Flora at 260 S. Ocean Blvd. has Venetian-style windows and frescoed decorations dating back to its construction in 1923. The mansion sold for $76.73 million.
Broker Christian Angle of Christian Angle Real Estate confirmed he acted on behalf of both parties in the sale, but declined to discuss any other aspect of the transaction. Its customers could not immediately be reached for comment.
Anthony Lomangino co-founded and served as president of Southern Waste Systems/Sun Recycling LLC. In 2016, Florida-based Waste Management Inc. acquired operations and assets of 12 of the company’s facilities in Palm Beach, Broward and Miami-Dade counties, according to published reports. Lomangino’s resume also shows that he co-founded and served as president of LGL Recycling LLC.
With ties to Chicago, Harvey Kinselberg’s professional resume includes founding and serving as President and CEO of Sequel Capital Corp. to provide leasing of capital equipment – including computers – and financial services. Today, the firm engages in private equity investment and leasing of high-tech equipment and other assets, including railcars, locomotives, printing equipment, ships and shipping-related equipment.
Harvey Kinselberg bought Villa Flora 24 years ago through Illinois-based Sequel Capital LLC, but transferred the property to a trust for which he and his wife serve as trustees. They have the property as their primary residence on the latest Palm Beach County tax rolls.
Harvey Kinzelberg is a former member of the Palm Beach Shoreline Conservancy.
Just sold privately for a record $76.73 million, a 1923 home known as Villa Flora sits at the corner of Dunbar Road, right, and South Ocean Boulevard near Palm Beach’s North End.
When Villa Flora was built, The Palm Beach Post described it as the “envy and despair” of all homeowner friends. The design features Byzantine-influenced doors and Venetian-arched windows.
In a 2019 article for the New York Social Diary, Palm Beach architectural historian Augustus Mayhew described the exterior’s famous “Wall of the Winds” frescoes, which date from the house’s construction and remain intact today. The court also featured zodiac-themed frescoes depicting the 12 astrological signs along with the sun, moon, and Earth.
On the east-facing facade, the frescoes were painted by the internationally known decorative artist Gardner Hale. The artist traveled to Venice in the summer of 1923 to research “works to be reproduced at the Villa Flora,” Mayhew wrote.
“The Wall of Winds is made up of eight heads that seem to blow winds depicted as golden lines through the clouds against a cobalt sky,” he added.
The frescoes also include images of Venetian ships.
In June 2025, a company affiliated with Anthony Lomangino sold an oceanfront mansion he developed for speculation at 1742 S. Ocean Blvd. in Palm Beach for a reported $38.75 million, property records show. A trust was on the buyer’s side of that sale.
The Lomanginos have owned an oceanfront home at 1620 S. Ocean Blvd in the Estate Palm Beach section since 2019, when it changed hands for about $12.65 million. Angle has that home listed for $59.5 million, the multiple listing service shows.
Gates lead into the driveway of a 1923 mansion at 260 N. Ocean Blvd., which just sold for $76.73 million in Palm Beach’s near North End.
In late April 2025, President Donald Trump posted on his social media platform TruthSocial that he was nominating Anthony Lomangino to serve on the board of governors of the US Postal Service. Such nominations must be confirmed by the US Senate, and the Postal Service’s website does not list Lomangino — a major Trump donor — as a member of its board.
Born in 1872 in Benicia, California, Mizner traveled extensively in Central America and Europe. He landed in Palm Beach in 1918, where he designed for friend Paris Singer the Italianate and Spanish-style building that would become The Everglades Club on Worth Avenue.
Residential and other commissions, many with Mediterranean-style architecture, followed in quick succession, and eventually his work could be seen not only on the island, but also in Boca Raton and other parts of Palm Beach County.
(This story has been updated to add photos.)
This is a developing story. Check back for updates.
Darrell Hofheinz is a USA TODAY Network journalist in Florida who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He gets tips on real estate news from the island. E-mail dhofheinz@pbdailynews.comcall 561-820-3831 or tweet @PBDN_Hofheinz. Support our journalism. Subscribe today.
This article originally appeared on the Palm Beach Post: Garbage tycoon, wife pay $76.73 million for historic Palm Beach home