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1660 South Ocean Boulevard

Margit Brandt Of Premier Estate Properties Represents Seller In $70.8 Million Manalapan Sale
SOLDSingle Family Residence

Margit Brandt Of Premier Estate Properties Represents Seller In $70.8 Million Manalapan Sale

1660 South Ocean Boulevard

$70,800,000

$3,079/SF

Building Size

22,990 SF

Asset Type

Single Family Residence

Closing

Jun 14, 2026

AI

The property asset involved in this transaction is a single-family home located at 1660 South Ocean Boulevard in the Manalapan market. The sale price of the property was $70,800,000, with a total square footage of 22,990 and a price per square foot of $3,079.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $70,800,000
  • Square Footage: 22,990
  • Price per Square Foot: $3,079
  • Address: 1660 South Ocean Boulevard
  • Market: Manalapan
  • Seller's Representative: Margit Brandt - Premier Estate Properties

The transaction was represented by Margit Brandt, who is affiliated with Premier Estate Properties, indicating the professional engagement in managing the sale process for the seller.

Players

Margit Brandt

Premier Estate Properties

Broker

$1.7B

vol

55 deals

Broker

Palm Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.22%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93