South Florida’s top deals: Oceanfront mansion sells after $16M+ price cut
🏆 Residential: Manalapan had the top residential deal recorded in South Florida. A trust tied to David MacNeil, founder of WeatherTech, dropped $68.3 million on an oceanfront mansion at 1940 South Ocean Boulevard. The sellers were Frank and Dolores Mennella; Frank Mennella is a retired automotive warranty executive. The property sits on a nearly 2-acre lot and spans 16,600 square feet. It has six bedrooms, a five-car garage, a beachfront cabana, a dock, balconies, elevator and media room among its amenities. Built in 2022, the home went on the market in May for $84.9 million. Philip Lyle Smith with Luxury […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Joy-Anna Duggar Announces Pregnancy as She and Husband Austin Forsyth Build Their Dream Arkansas Farmhouse

The Costly Pricing Trap Every Smart Homebuyer Can Avoid

Trump threatens trade halt if Fed does not cut rates

Fort Partners joins BH3, Merrimac’s Watson Harbour project in Miami

Fay Group acquires VanDyk Mortgage to expand conforming loan footprint

Abandoned Graffiti-Covered Mansion on Mulholland Drive Has Wealthy Neighbors Up In Arms

Phoenix Realty scoops up south Miami-Dade rentals for $65M

Estates at Acqualina penthouse sells for $33M, a record for the building

ICE raids strain homebuilder labor, cycle times, and bank lines

Why mortgage rates barely budged after jobs report beat estimates
GET MORE INFORMATION

Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131
