Portfolio Orlando Sept/Oct 2017

www.PortfolioFlorida.com

Volume 10 • Issue 5 • Sept./Oct. 2017

FOUNDERS (L to R) Steve Healy | Chocky Burks Matt Tomaszewski

Give us a call or visit our website to learn more about our exclusive inventory and to search all of Central Florida’s luxury communities.

407-965-1155 | PRPFL.com

OFFERED AT $4,450,000

Custom Transitional estate beautifully sited on a spacious golf front home-site in renowned Isleworth Country Club 6 Bedrooms, 7 Full and 2 Half Baths | 10,701 Square feet | Spacious outdoor living with pool, spa and summer kitchen

407-965-1155 | PRPFL.com

OFFERED AT $2,275,000

NEW PRICE $2,995,900

Southern California estate beautifully positioned on close to one acre in guard gated Bellaria 5 Bedrooms, 4 Full and 3 Half Baths | 6,461 Square Feet | Game room | 5 Car Garage | Incredible Pool/Grotto/Spa

Located in Isleworth Country Club and perfectly sited with stunning golf and water views 4 Bedrooms, 5 Full and 2 Half Baths | 7,455 Square Feet | Game room and Theatre | Pool and Spa

407-965-1155 | PRPFL.com

NEW PRICE $1,495,000

OFFERED AT $999,000

This stunning fully renovated lakefront home is sited on Big Sand Lake in Dr Phillips guard gated Vizcaya 5 Bedrooms, 4 Full and 2 Half Baths | 5,860 Square feet | Game and media room | Pool and spa | Loft and elevator

Stunning Southern California designed custom home sited directly on pristine John's Lake in gated Johns Landing 5 Bedrooms, 3 Full and 2 Half Bath | 4,758 Square feet | Pool, spa and summer kitchen | Media room and Game room

407-965-1155 | PRPFL.com

OFFERED AT $3,199,000

NEW PRICE $1,995,000

Located in the renowned community of Isleworth this stunning custom home overlooks the golf course and Chain of Lakes 5 Bedrooms, 6 Full and 1 Half Bath | 6,477 Square feet | Pool, spa and summer kitchen | Media room and Game room

Located in Keene’s Point Country Club, and perfectly sited with stunning golf and water views from two sides 5 Bedrooms, 4 Full and 3 Half Baths | 5,935 Square Feet | Detached guest house | Pool, Spa and Summer Kitchen

407-965-1155 | PRPFL.com

NEW PRICE $1,399,900

NEW PRICE $995,000

Stunning custom built estate perfectly sited on a pristine conservation lot in guard gated Waterstone 5 Bedrooms, 4 full and 1 half bath | 3 Car garage | 4,871 Square feet | Pool, Spa and Summer Kitchen

One of only two remaining lakefront lots in guard gated, Lake Butler Sound. This lot is located off a private cul-de-sac and neighbors two of Windermere's largest estates. Build your dream home and enjoy direct access to Lake Butler.

407-965-1155 | PRPFL.com

OFFERED AT $1,899,000

OFFERED AT $1,695,000

Perfectly sited on Butler Chain of Lakes in the gated enclave of Bay Point within renowned Bay Hill Country Club 4 bedrooms, 4 Full and 2 Half Baths | 4,695 square feet | Game room | Pool and summer kitchen | Boat dock

Architectural beauty and the elegance of an old world estate. Located in prestigious guard gated lake butler sound 5 Bedrooms, 5 Full and 2 Half Baths | 6,891 Square Feet | Pool and Spa | Game room | Summer kitchen

407-965-1155 | PRPFL.com

OFFERED AT $1,450,000

Lakefront estate beautifully positioned on close to one acre on Lake Cherokee in Historic Downtown Orlando 5 Bedrooms, 4 Full and 1 Half Baths | 4,172 Square feet | Spa, firepit and spacious outdoor living | Beautifully renovated

OFFERED AT $985,000

Beautifully maintained custom home located in renowned Bay Hill Country Club with direct golf and water views 5 Bedrooms, 5 baths | 3 Car garage | 5,093 Square feet | Pool, Spa and Summer Kitchen | Game room and Study

CUSTOM LUXURY HOMES elementhomebuilders.com

As a leading custom homebuilder in Central Florida, we’ve built our unparalleled reputation on craftsmanship, quality materials and attentive service every step of the way. Working with Element is not just about building a house. It's about forming a trusted partnership with a dedicated team of professionals who are committed to bringing your vision to life.

E XCLUS I VE S A L ES & MA R K ET I N G B Y

407-965-1155 | Sales@prpfl.com

Volume 10 • Issue 5

SVEN J. BODE Publisher Production Manager JONATHAN FRIESE info@portfolioflorida.com Graphic Design ELIZABETH MEJIA design@styletome.com Advertising PORTFOLIO FLORIDA 321.281.4589 Human Resources info@styletome.com

CATHLEEN K. BODE Editor-in-Chief CMO & National Sales SVEN J. BODE sven@styletome.com Executive Sales Director LOUISE KENNEDY louise@orlandostylemag.com Account Executive JORDAN PHILLIPS jordan@stylepublications.com

PORTFOLIOFLORIDA.COM CIRCULATION & DISTRIBUTION Circulation Manager JOEL D. J.

Published bi-monthly, Portfolio Florida® is a registered Trademark. © Copyrights 2015 by Style Magazines. All rights reserved. Reproduction in whole or in part of any text, photography, or illustration only with written permission of the publisher. Portfolio Florida®, its officers, staff members or writers do not warrant the accuracy of or resume responsibility for any of the material contained herein. Freelance photographers are responsible for their copyrights. All photo materials, letters and text submitted to Portfolio Florida® automatically becomes property of Portfolio Florida®.

Email inquiries to: info@styletome.com Portfolio Florida® is published bi-monthly by Orlando Style Media Group, 8810 Commodity Cir, Ste. 34, Orlando, FL 32819.

POSTMASTER: Send address changes to Portfolio Florida 8810 Commodity Cir, Ste. 34, Orlando, FL 32819.

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Please recycle after use.

LD O S

LD SO

LIVING ‘N STYLE

ACCENTUATE YOUR HOME And live with style

WADE LOGAN MATIAS FACE CERAMIC WALL SCULPTURE

Figurines and sculptures add personality to your home.

This chic wall sculpture creates a contemporary look.

Its charm and uniqueness will become the center of attention. Add some freshly-picked florals for a warmer touch. $40 / Available at Allmodern.com

WEST ELM FACETED ASYMMETRICAL WALL MIRROR

Mirrors are perfect for creatng the illusion of extra space in smaller rooms. The faceted border is intended to reflect more light in the room. Its asymmetrical design creates a modern look to your space. $379 / Available at Westelm.com

BRANDT WORKS LLC 18” W X 60” H DECORATIVE LADDER

Crafted from the best selected wood, this ladder will add a rustic accent to your home. Expose your favorite quilts and blankets on this handmade ladder that will add a modern style to your living room. $183 / Available at Wayfair.com

MERCURY ROW THUCYDIDES 3 PIECE CERAMIC VASE SET

Vases complement the beauty of a home.

This chic set will add texture to any flat surface. Their unique mold highlights accents in your home. White finish for an elegant look. $74 / Available at Allmodern.com

WORLD MENAGERIE MOSAIC ROUND CHARGER AND STAND

This mosaic decorative plate will add a coastal bohemian look. The splashes of the shimmery hues are perfect to add presence to any room in your home. $75 / Available at Wayfair.com

21 PORTFOLIOFLORIDACOM

SPOTLIGHT ON THE LAW Special Promotional Feature

FEDERAL OBSTRUCTION OF JUSTICE: STATUTES’ USE & ABUSE Recent events on the political stage have once again raised the issue of obstruction of justice. You may not realize the broad nature of the federal laws categorized as obstruction of justice crimes. These laws have often been used when the government starts investigating a specific crime such as public corruption or securities fraud but finds it easier to indict for obstruction of justice often based upon the destruction of documents.

The federal statutes that relate to obstruction of justice are contained in Chapter 73 of the United States criminal code. In that one chapter, there are 20 different statutes, many of which cover several different actions.

Some statutes prohibit conduct which most citizens would understand to be obstruction of justice while some of the laws may be a surprise. Examples of obstruction of justice include (1) killing or attempting to kill a witness, (2) picketing or parading at a courthouse with intent to influence a judge, juror, or witness, and (3) a banker disclosing to the bank customer that a government subpoena for bank records was received.

By Mark L. Horwitz Criminal Defense Attorney Law Offices of Mark L. Horwitz, P.A. 17 East Pine St.Orlando, FL 32801 P: 407-843-7733 • F: 407-849-1321 mark@mlhorwitzlaw.com www.mlhorwitzlaw.com

The killing of a potential witness carries a maximum penalty of death. Picketing a courthouse with the intent to influence a judge or witness is punishable by up to 1 year in prison. A banker advising a customer of a subpoena can be sent to prison for one year.

Prison terms for violation of other obstruction of justice laws range from six months in prison for sending a letter to a trial juror or grand juror to influence their actions to 20 years in prison for corruptly destroying or altering records and documents to prevent their use in an official proceeding.

Enforcement of obstruction of justice statutes is the responsibility of the Department of Justice and federal investigators. Many obstruction of justice laws contain vague language resulting in prosecutions which have been criticized. One example was the

22 PORTFOLIOFLORIDACOM

prosecution of Arthur Andersen, once a major national accounting firm, following the Enron scandal. The prosecution was based upon Arthur Andersen destroying records pursuant to its document retention policy.

The government contended that the destroyed records could have been evidence in its investigation into Enron for securities fraud.

The destruction occurred before any official government proceeding or investigation was known to Arthur Anderson.

The Supreme Court of the United States reversed the conviction of Arthur Anderson because the government’s position was that it did not have to prove that Arthur Anderson acted dishonestly in destroying records by following its document retention policy. The Supreme Court also commented that it was improper to allow a conviction when there was no connection between destroying the documents and any particular government proceeding.

While obstruction of justice statutes are necessary, they may be applied in an overreaching fashion. Many federal investigations begin without the business or individual knowing of the government’s investigation. Even if a subpoena is issued by a grand jury or by an agency, documents may be inadvertently lost or destroyed by an employee of a business. Whether that conduct constitutes a crime is initially determined by the investigators and government attorneys.

The intent of a person taking actions such as picketing a courthouse or erasing old emails can be innocent rather than dishonest or for a corrupt purpose. The ultimate decision, in the event of a prosecution, is that made by a jury based upon all the evidence. The broad nature of the obstruction of justice statues and the risk of criminal charges should be taken seriously by anyone who is approached by federal investigators.

Luxury awaits

List price: $679,000.

4939 KENSIGNTON PARK BLVD, ORLANDO, FL 32819 Spectacular Reiche Silliman built home located in the exclusive gated community of Kensignton Park. Features 3,420 Sq. Ft. 5-Bedrooms, 4-Bathrooms, office, 3 car garage, solar heated pool, Jacuzzi, and summer kitchen.

9259 Tibet Pointe Cir Windermere, FL 34786 5 beds | 5 baths | 5,752 sqft

6206 Louise Cove Dr,Windermere, FL 34786 5 beds | 6 baths | 6,564 sqft

Central Florida’s premier real estate boutique 5956 Turkey Lake Rd., Ste. 1, Orlando, FL 32819 • 407.909.0908 • MastersRealty.com

SPOTLIGHT

Special Promotional Feature

Bad Habits That Can Ruin Your Retirement DENISE KOVACH, CFP®, AIF®, NSSA®

their life and still maintain their desired lifestyle. Inflation is a huge factor and it could destroy any conservative investment strategy given enough time.

Many people think they will spend 70% - 80% of their previous salary in retirement. But is this really the way to build a budget? I would begin by putting together a list of necessary expenses and then add additional expenses that will benefit you. For each cost, ask yourself, “Will spending that money actually make my life better, or is the expense there just because it’s always been there?” A couple of years prior to retirement you may want to live on this budget to see if it makes sense for you.

Retirement is not a panacea; it will not solve all of your problems. Yes, you will likely have less stress from work and more free time, but retirement may bring about some other challenges you didn’t have when you were working, such as declining income, loss of health insurance and increased healthcare costs.

Pre-retirement is a great time to work on any problems you may have... so fix them now. No time to pursue your passion? Find the time by becoming more productive.

Burnt out from work? Find another job. I could go on. If you don’t live a balanced life now, there is no guarantee that your retirement will be any different.

Photo by Brion Price

Finally, don’t stop being active. Staying fit and healthy will be key to your successful retirement.

Don’t treat retirement as the destination! It’s actually the beginning of the next part of life. It’s easy for people who are still working to think of retirement as an end goal, but it is a mistake if you only concentrate on reaching the finish line with no fuel to keep on going. Keep in mind that your retirement could last longer than your working career, so you will need to have your assets last. I have had clients say to me: “I plan to retire in a year or two so I think I need to invest much more conservatively.” Portfolios may need to be tweaked, but it’s certainly not time to put on the brakes!

Having said that, don’t avoid investment risks. Reducing volatility and lowering risks in retirement may make sense, but not everyone can afford to buy only CDs or low yielding bonds for the rest of

Certified Financial Group, Inc. | 1111 Douglas Avenue, Altamonte Springs, FL 32714 | 407.869.9800 | FinancialGroup.com

Denise is a Certified Financial PlannerTM professional (CFP®), Accredited Investment Fiduciary (AIF®) and National Social Security Advisor (NSSA®) with Certified Advisory Corp (“CAC”), an affiliate of Certified Financial Group (“CFG”). Tracing CFG’s roots back to its start in 1976, it has become one of the largest independent financial planning firms in the state. With over 300 years of combined planning experience, Denise and her colleagues have a vast wealth of professional knowledge.

When working with Denise, you will obtain a clear picture of your current financial status, a prioritized list of your most important financial goals, investment strategies to potentially help you reach your goals, and well-defined action steps to take, now and in the future. Through CAC, she acts as a fiduciary for her clients while providing high quality asset management services for a fee and free of any conflicts of interest (there are no “proprietary” products). She has her clients’ best interests at heart and strives to provide the best possible service. CAC is CEFEX (Center for Fiduciary Excellence) certified. CEFEX awards its certification to firms that meet the highest standards of fiduciary excellence in their investment management, governance and operational processes. CEFEX certification is a formal, independent recognition demonstrating trustworthiness to the general investing public. For your complementary consultation with Denise, call 407.869.9800. CAC offers Fee-Only Planning and Asset Management. Certified Financial Planner Board of Standards Inc. owns the certifications Certified Financial PlannerTM and CFP®.

24 PORTFOLIOFLORIDACOM

Thinking of buying, building or selling?

Call me first. I have exclusive inventory that you will not find anywhere else!

Mauro Costa 321-231-6800 Mauro@CFLREPRO.COM

OFFERED AT

$2,595,000

3428 Chaine Du lac Blvd, Windermere, FL Brand New Build!! 5 Bedrooms, 5.5 baths, 6,196 square feet, game room, 4 car garage, 15 ft ceilings, pool house, summer kitchen, Pool and Spa.

321-231-6800 Mauro@CFLREPRO.COM

OFFERED AT $3,489,000

NEW PRICE! OFFERED AT

$1,099,000

5120 FAIRWAY OAKS DR, WINDERMERE, FL 34786 Expansive view of hourglass lake and number 12 of the Prestigious Isle worth golf course. 5 bedrooms, 6 baths, 6584 square feet, pool and spa, summer kitchen, built in 2007.

13327 LAKE CLARICE DR, Windermere 1.26 acres on Lake Clarice, beautifully appointed. 5 bedrooms, 4 baths, 4,867 square feet, pool and spa, summer kitchen with gorgeous views.

321-231-6800 Mauro@CFLREPRO.COM

Price Reduced

$759,000

OFFERED AT $649,000

10240 TROUT RD, ORLANDO Half acre estate with views of Lake Tibet 5 bedrooms, 4 full baths, 2 half baths, 4,688 square feet, pool and spa, summer kitchen, huge bonus room.

1909 COUNTRY CLUB RD Historical Custom Home on Lake Nettie 4 Bed, 4 Full and 2 Half Baths 5,764 Square Feet, Full Concrete Construction, Clay Roof Tiles, Completed Renovated with 2 Kitchens

321-231-6800 Mauro@CFLREPRO.COM

SO

Contract in 20 Days!

6088 Green One Ct Brand New Transitional Golf Course Front Home in Bay Hill!! 5 Bedroom, 5 Full and 1 Half Baths, 5,122 Square Feet, Pool, Summer Kitchen and Fire Pit

50 DLD in ays!

5425 Osprey Isle Lane (Front Night) - Butler Chain of Lakes, In Isle of Osprey of Bay Hill Country Club 6 Bedroom 7 Full and 1 Half Baths, 7,779 square feet, Pool Spa, Summer Kitchen, Fire Pit

OFFERED AT $1,550,000

OFFERED AT $629,000

SOLD!

SOLD!

11246 Bridge House Rd Mediterranean Custom Home in The Reserve at Lake Butler Sound | 5 Bedroom, 4 Bath, 5,182 Square Feet, Pool and Spa, Summer Kitchen, 12 Ft Ceilings, Travertine Floors, .95 Acre Lot

5603 Oxford Moor Blvd New Windermere High School in beautiful Oxford Moor | 4 Bedrooms, 3 Baths, 3802 square feet, pool, summer kitchen, high ceilings, .065 acres.

Sculpted like an athlete

4725 Vineland Road | AudiSouthOrlando.com The features discussed are not a substitute for attentive driving. “Audi,” all model names, and the four rings logo are registered trademarks of AUDI AG. “Google Earth” is a trademark of Google Inc. ©2017 Audi of America, Inc.

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