
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

South Florida’s top deals: Manalapan lot sells for $28M
🏆 Residential: The top home sale recorded in South Florida came in at $27.5 million, for a vacant plot of land, with ocean and Intracoastal access, at 1300 South Ocean Boulevard in Manalapan. The 1.5-acre lot last sold in 2021 for $26.3 million and went up for sale in 2023 for $38.9 million. The se

30-Year Mortgage Rate Falls to 3-Year Low
Rates on 30-year mortgages fell to 6.06% this week from 6.16% last week. A year ago, the rate averaged 7.04%. Rates on 15-year fixed-rate mortgages dropping to 5.38%.
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