Published by The Real Deal, July 13, 2020
A direct Oceanfront mansion in Manalapan, Florida, located at 620 S. Ocean Blvd., sold for $36,050,000 on July 7, 2020, per Property Records. MLS property details indicate that the Mansion was built in 2020, includes Staff and Guest Houses, has a total of 11 Bedrooms, 13 full Baths, 7 half Baths, 4-Car Garage, Pool, and more! The Property also includes an Intracoastal parcel of Land and a total of approximately 1.8 Acres for the Oceanfront and Intracoastal parcels. The Sellers’ Broker was Lawrence Moen & Associates.
The Town of Manalapan is located South of Palm Beach, which has seen a number of record sales during the Pandemic. In the second quarter of 2020, 106 single-family homes sold in the Town of Palm Beach, not including another half a billion dollars worth of properties under contract, according to data from Premier Estate Properties. Brokers say new homes are especially in demand, as buyers from denser markets are looking to relocate immediately.