Manalapan ocean-to-lake lot trades for $28M

Weeks after the mansion next door found a buyer, an oceanfront lot in Manalapan sold for $27.5 million.  The 1.3-acre estate at 1300 South Ocean Boulevard sold to a Delaware entity. The identities of the buyer and seller are hidden.  Gary Pohrer with Serhant and Nick Malinosky of the Exclusive Group at Douglas Elliman had the listing, and Marine Rollins with Miami Global Realty brought the buyer.  The property last sold for $26.2 million, records show. It has 158 feet of ocean frontage and 200 feet of frontage on the Intracoastal Waterway, according to the listing. The property was offered […]This article originally appeared on The Real Deal. Click here to read the full story.