David MacNeil, the billionaire founder of the car mats maker WeatherTech, just sold a beachfront Fort Lauderdale mansion –– again.
MacNeil sold the mansion at 3052 North Atlantic Boulevard to Pablo Umansky for $26 million, records show. It is the second time MacNeil has sold the home in three years. He previously sold the 10,300-square-foot mansion in 2023 to Bang Energy founder Jack Owoc for a then-record $40 million.
But Owoc, who financed the purchase with a $30 million loan from MacNeil, was ousted as the CEO of his energy drink’s parent company Vital Pharmaceuticals after losing a false advertising case brought by Monster Energy that awarded his rival firm $293 million in damages. Lawsuits mounted against Owoc, alleging “boundless greed” and “self-dealing” and seeking to claw back millions from the former high school teacher.
In 2024, months after selling the mansion to Owoc, MacNeil filed a foreclosure suit against him. Records show MacNeil paid $377,800 in August of last year to buy back the mansion as part of the suit.
MacNeil first bought the 0.4-acre property for $3.2 million in 2018. He built the mansion in 2023, and it includes five bedrooms, six bathrooms, four half-bathrooms, a pool and 100 feet of beachfront, the listing shows.
He listed it for $36 million in November and dropped the price in January, Zillow shows. Chad Carroll with Compass had the listing, and Umansky represented himself in the transaction.
The sale is one in a slew of deals MacNeil has closed since the start of the year. In February, he bought an oceanfront Manalapan mansion for $68.3 million. In April, he sold a 3.6-acre oceanfront assemblage in Manalapan for $105 million, marking a record land sale ever in the coastal enclave. Then he sold another waterfront mansion in Fort Lauderdale for $34 million.
The billionaire and Federal Trade Commission chair nominee is in a rare class of luxury real estate power buyers. He has bought and sold at least $233 million worth of homes in the tri-county region since January.