South Florida’s top deals: Delray Beach mansion sells for $19M
🏆 Residential: The priciest home sale in South Florida was in Delray Beach, where Edward Farscht, CEO of wireless communications infrastructure firm Diamond Communications, and his wife, Lynn Jaeger, parted with a home at 733 North Ocean Boulevard for $19.2 million. The buyer was a trust tied to Maurice and Christina Sciammas. Maurice Sciammas is an executive at Monolithic Power Systems. The Farschts paid $14.3 million for the home in 2021 then put it up for sale in November with an asking price of $21.9 million. Dating to 1992, it spans roughly 6,400 square feet and has seven bedrooms, six […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Non-QM is a fit, not a fallout
The return of the specialist: Why a more fragmented mortgage market favors active management
Luxury developers flocked to the 'Hamptons of Hungary' — but some projects are stalling
Mapped: Where Gen Z Is Moving, and Which States They’re Leaving in Droves
Vishal Garg lays out Better 2.0 plan during shareholder call
Seniors aren’t keeping up with their credit card debt. Reverse mortgages can help
NFL Pro Myles Garrett Is Gearing Up for Another Iconic Halloween Display at His New $23 Million Hidden Hills Estate
Timberline Homes buy will push Champion deeper into retail
BH3 joins Design District venture to revive, expand upscale office project
CRMLS went on offense against Compass. Will other MLSs follow?
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131