John Mayer's Real Estate Blog: Cocoa Beach's "Glass Bank"

Cocoa Beach's "Glass Bank"

Cocoa Beach's "Glass Bank" was an architechtural delight and in it's prime was home to “Ramon’s Rainbow Room”, a restaurant and nightclub which regularly hosted national politicians, astronauts and Hollywood stars and was known for it’s great tasting food and atmosphere.

Considered by many to be a Cocoa Beach landmark, The First Federal Savings and Loan Building was constructed in 1961, giving the city’s skyline a modern look for the time.

Frank Wolfe, a high-profile retired attorney, was found dead in Feb. 2014 outside the building he fought in court to keep open even though it was crumbling around him. The city had approved demolition of the Glass Bank Building earlier after Wolfe exhausted his legal avenues and amassed over one million in fines. It was ruled that he shot himself.

Wolfe (82) lived in the penthouse and fought attempts to tear it down after the city declared it a nuisance citing hurricane damage, mildew and vandalism. He was an eccentric recluse who refused to move on and had developed some health issues. It's shame that it came down to this but at least now, the city can move on to find the highest and best use for this valuable property, hopefully without politics getting in the way. RIP Frank.

Glass Bank Cocoa Beach

Frank's Penthouse before disrepair. There were no windows and he had an Eskimo-like tunnel to get into the master bedroom. I wonder if he knew Howard Hughes :-)

Glass Bank Penthouse

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Comment balloon 2 commentsJohn Mayer • January 07 2015 10:46AM

Comments

I truly liked the way the building appeared in its earliest of years.  But, can understand what can happen when safety factors come into play.  We had significant damage to several historic Napa buildings in the earthquake a few months ago.  I am hopeful they will be restored, rather than torn down.

Posted by Myrl Jeffcoat, Greater Sacramento Real Estate Agent (GreatWest Realty) almost 4 years ago

Hi Myrl - Unfortunately, the building became a dangerous eyesore. I inspected it closely from the outside and believe there was no other option but to tear it down. I hope your buildings fare better.

 

Posted by John Mayer, Your Beach Area Expert (Oikos Realty, Cape Canaveral, Cocoa Beach Florida) almost 4 years ago

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