Updated Jul 22, 2026
Margit Brandt Of Premier Estate Properties Represents Buyer In $36 Million Manalapan Single Family Sale
1920 South Ocean Boulevard
$36,000,000
$2,724/SF
Building Size
13,216 SF
Asset Type
Single Family Residence
Closing
Jul 17, 2026
About this deal
AI
The asset involved in the transaction is a single-family home located at 1920 South Ocean Boulevard in the market of Manalapan. The sale price of the property was $36,000,000, with a total square footage of 13,216 and a price per square foot of $2,723.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $36,000,000
- Address: 1920 South Ocean Boulevard
- Market: Manalapan
- Square Footage: 13,216
- Price per Square Foot: $2,723
- Buyer's Representative: Margit Brandt - Premier Estate Properties
- Seller's Representative: Jack Elkins - William Raveis Real Estate
Representing the buyer in this transaction are Margit Brandt from Premier Estate Properties, while the seller is represented by Jack Elkins from William Raveis Real Estate. The involvement of these real estate professionals highlights the collaboration required for such a high-value transaction.
On the Map
$36,000,000
$2,724/SF
Single Family Residence
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Players
Lantana 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
0.44%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93