South Florida’s top deals: Oceanfront mansion sells after $16M+ price cut

by Mary Diduch

🏆 Residential: Manalapan had the top residential deal recorded in South Florida. A trust tied to David MacNeil, founder of WeatherTech, dropped $68.3 million on an oceanfront mansion at 1940 South Ocean Boulevard. The sellers were Frank and Dolores Mennella; Frank Mennella is a retired automotive warranty executive. The property sits on a nearly 2-acre lot and spans 16,600 square feet. It has six bedrooms, a five-car garage, a beachfront cabana, a dock, balconies, elevator and media room among its amenities. Built in 2022, the home went on the market in May for $84.9 million. Philip Lyle Smith with Luxury […]This article originally appeared on The Real Deal. Click here to read the full story.
Eric Reikenis
Eric Reikenis

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