Michigan homebuilder trades his oceanfront manse in Delray for $14M

Miami /
Jul.July 01, 2016 01:45 PM

Ocean views and contemporary style apparently weren’t enough to keep this power couple in their Delray Beach mansion.

Dominic and Frances Moceri, who run the Moceri development company in Michigan, just sold their sprawling oceanfront estate in Delray for $13.95 million.

County records show the deal covers 711 South Ocean Boulevard, a six-bedroom, 10-bathroom mansion that was built in 1996.

According to its listing with Derek Montgomery of Ocean & Intracoastal Properties, the home is a contemporary stunner with Thassos marble floors, 25-foot ceilings and all-white decor.

The downstairs master suite has two walk-in wardrobes and a marble-clad bathroom with spa tub and steam shower. Oh, and a flat-screen television hidden behind a mirror à la something out of a James Bond flick.

The home sits on about 1.1 acres of oceanfront land. A twisting metallic sculpture sits in a fountain at the home’s all-glass entrance, while the backyard has a manicured walking path to the beach.

Dominic and Frances Moceri built the home for themselves after paying $2.4 million for the land in 1993, according to county records.

A trust in the name of Robert Steinberg, which lists its address as the Delray mansion, was the buyer. Measuring 12,020 square feet, the sale breaks down to about $1,160 per square foot. No financing was recorded with the deal, and listing service Redfin showed the buyer was represented by Jack Elkins of The Fite Group.


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