Ad tech company founder drops $7M on waterfront Jupiter mansion

Waterfront mansion in Jupiter’s Admirals Cove sells for $7M

Miami /
Jan.January 07, 2021 09:45 AM
Joseph L. Marinucci & 129 Commodore Drive, Jupiter (Joe Marinucci  via LinkedIn, Google Maps)

Joseph L. Marinucci & 129 Commodore Drive, Jupiter (Joe Marinucci via LinkedIn, Google Maps)

 

The co-founder of a global ad tech company bought a mansion in Jupiter’s Admirals Cove for $6.65 million.

Records show Joseph L. Marinucci and his wife, Eleni, bought the home at 129 Commodore Drive from Ronald Capozzoli Sr.

Joseph Marinucci is the co-founder and CEO of Digital Media Solutions, a digital advertising company headquartered in Clearwater. Marinucci founded the company in 2012, according to its website.

Capozzoli purchased the home in 2018 for $4.3 million, records show. The property was listed at the end of October for $7 million. Thomas Frankel with Admirals Cove Realty Co. represented Capozzoli, and Jan Burke Coldwell Banker Realty represented the Marinuccis.

Built in 2005, the two-story, 8,188-square-foot mansion has six bedrooms, six bathrooms and two half-bathrooms. The home also features a 10-seat theater, a pool and dock. It has 80 feet of frontage on the Intracoastal Waterway.

In November, real estate investor Justin Daniels spent $6.5 million on a waterfront home in Admirals Cove.

Also in Jupiter, an attorney and his wife recently bought a new waterfront house for $6 million, and the former president and CEO of an oil and energy logistics company paid $5.8 million for a waterfront home.






    Related Articles

    arrow_forward_ios
    Mike Odrich and Steven B. Fader with 113 Spinnaker Lane, Jupiter (Google Maps)
    Real estate and private equity investor sells waterfront home in Jupiter for $8M
    Real estate and private equity investor sells waterfront home in Jupiter for $8M
    Johnny Gray and 176 Spyglass Lane in Jupiter (NHRA, Pelican Pix)
    Racing team owner sells waterfront Jupiter mansion for $24M
    Racing team owner sells waterfront Jupiter mansion for $24M
    Value Store It President Carlos Diaz with the two properties (Diaz)
    Value Store It buys two Palm Beach County properties for $35M
    Value Store It buys two Palm Beach County properties for $35M
    Nick Mastroianni II sold the property back to the sellers at a small profit (Google Maps, Nicholas Mastroianni)
    Seller’s remorse: Nick Mastroianni returns Jupiter mansion
    Seller’s remorse: Nick Mastroianni returns Jupiter mansion
    150 Bears Club Drive, Jupiter (Google Maps)
    Real estate developer buys Bear’s Club mansion in Jupiter for record $11M
    Real estate developer buys Bear’s Club mansion in Jupiter for record $11M
    Lance Cawley and 316 West Riverside Drive, Jupiter (Ferrari, Google Maps)
    Ferrari racer buys riverfront home in Jupiter for $6M
    Ferrari racer buys riverfront home in Jupiter for $6M
    Nick Mastroianni II and 19681 Loxahatchee River Road (VHT Studios)
    EB-5 chief Nick Mastroianni buys waterfront home in Jupiter
    EB-5 chief Nick Mastroianni buys waterfront home in Jupiter
    Eric and Lara Trump with 502 Bald Eagle Drive in Jupiter (Getty, Google Maps)
    Trump town: Eric and Lara buy home near Don Jr. in Jupiter
    Trump town: Eric and Lara buy home near Don Jr. in Jupiter
    arrow_forward_ios

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

    Loading...