While Palm Beach oceanfront prices are climbing, developer Frank McKinney says Manalapan prices are down 10 percent in the past 18 months. McKinney is selling Acqua Liana, a $29 million green mansion being built at 620 South Ocean Boulevard. The Real Deal featured the property in its March issue. McKinney is also selling a large lot just south for $42.9 million.
Manalapan oceanfront declines in value
|Brock Development scores loan, breaks ground on Palm Beach Gardens hotel|
|The Weekly Dish: Bocce Bar’s space to become Skorpios restaurant & more|
|South Florida construction starts spike in January: report|
|Can a startup Miami brokerage make the flat-fee model work?|
|General Growth Properties raises its ownership stake in Miami Design District|