Manalapan manse sells for $15M

Miami /
Apr.April 15, 2015 04:35 PM

An oceanfront mansion in Manalapan sold recently for $15 million, The Real Deal has learned. 

Located at 1000 South Ocean Boulevard, the home was built in 1925 and sits on a 2.2-acre lot, which stretches from the Atlantic Ocean to the westward inlet.

Pascal Liguori and William Koch III of Premier Real Estate Properties listed the property.

The 10,527-square-foot estate has six bedrooms, eight bathrooms and a separate guest home staff quarters.

It was listed in June for $18.5 million, according to the MLS. The deed was recorded on Tuesday, according to Palm Beach County records.

The sellers, which include Robert Friedman, George Hirschhorn and Henry Gladstone, are members of the Robert P. Strauss Trust. They sold the property to Jackson Real Estate Partners, which has ties to West Palm Beach-based Tremont Partners.

“The owner passed some years ago,” Liguori told TRD “[The trust] has settled the estate.”

Manalapan has been a hot market for home sales recently, with the total volume of sales nearly doubling since 2013. And with the limited supply of homes or vacant lots for building in the area, real estate agents expect prices and demand will keep growing.

Billionaire Jeff Greene just made a purchase in the area, and celebrities like Billy Joel have also reportedly bought into the ritzy community.


Related Articles

arrow_forward_ios
Todd Glaser with aerial view of 870 South Ocean Boulevard in Palm Beach. (Google Maps, Mary Beth Koeth)

Todd Glaser, partners close on Palm Beach home across from ocean for $13M

Todd Glaser, partners close on Palm Beach home across from ocean for $13M
320 Island Road, Palm Beach (Google Maps)

Payday lender CEO buys Palm Beach house for $26M

Payday lender CEO buys Palm Beach house for $26M
W. Allan Jones & 326 Via Linda, Palm Beach (Wikimedia Commons, Google Maps)

Cash king sells waterfront Palm Beach home for $27M

Cash king sells waterfront Palm Beach home for $27M
535 North County Road (Palm Beach Property Appraiser)

Oceanfront Palm Beach spec mansion hits the market, asking record $140M

Oceanfront Palm Beach spec mansion hits the market, asking record $140M
Judith Ripka Berk and Ronald Berk with 273 Tangier Avenue, Palm Beach (Getty, Google Maps, iStock)

Must be a gem: Luxury jewelry designer Judith Ripka sells Palm Beach home for $13M

Must be a gem: Luxury jewelry designer Judith Ripka sells Palm Beach home for $13M
President Donald Trump with Melania Trump and Mar-a-Lago (Getty)

Florida representative wants Mar-a-Lago shut down following maskless NYE party

Florida representative wants Mar-a-Lago shut down following maskless NYE party
Eduard de Guardiola with 235 Via Vizcaya (Vista Realty, Premier Estate Properties/Realtor)

Atlanta real estate investor sells waterfront Palm Beach house for $18M

Atlanta real estate investor sells waterfront Palm Beach house for $18M
From left: 300 North Lake Way, 1095 North Ocean Boulevard and 8 South Lake Trail (Google Maps)

South Florida’s biggest residential sales of 2020

South Florida’s biggest residential sales of 2020
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...