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Marine Rollins Of Miami Global Realty Represents Buyer In $29M Sale In Manalapan

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SOLD
$29,000,000

Florida

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Single Family Residence
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Property Image
SOLD

Marine Rollins Of Miami Global Realty Represents Buyer In $29M Sale In Manalapan

1300 South Ocean Boulevard

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Single Family Residence
Sold
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Summary

FLORIDA
Asset Type:Single Family Residence
Transaction Type:Sale

A single-family residence located at 1300 South Ocean Boulevard in Manalapan was involved in a recent real estate transaction. The asset sold for a price of $29,000,000.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $29,000,000
  • Address: 1300 South Ocean Boulevard
  • Market: Manalapan
  • Buyer's Representative: Marine Rollins - Miami Global Realty
  • Seller's Representatives: Gary Pohrer - Serhant; Nick Malinosky - Douglas Elliman

The transaction featured representation by Marine Rollins, who acted for the buyer, while the seller was represented by two brokers, Gary Pohrer and Nick Malinosky, from their respective agencies. The collaboration of these brokerage firms contributed to the successful completion of the transaction.

Players

Gary Pohrer
39 deals$1B volume(561) 262-0856
BROKER

Nicholas (Nick) Malinosky
Douglas Elliman
17 deals$396.2M volume
BROKER

Marine Rollins
Miami Global Realty
10 deals$240.4M volume(305) 699-8662
BROKER

Serhant
BROKERAGE


Details

SOLD
IMAGE: Gary Pohrer, Marine Rollins & Nick Malinosky DATE: 01/14/2026 ADDRESS: 1300 South Ocean Boulevard MARKET: Manalapan ASSET TYPE: Single Family BUYER'S REP: Marine Rollins (@Marine.luxury.waterfront) - Miami Global Realty SELLER'S REP: Gary Pohrer (@GaryPohrer) - Serhant (@Serhant); Nick Malinosky (@NickMalinosky) - Douglas Elliman (@DouglasElliman) SALE PRICE: $29,000,000

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,546,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$103,030.87
Cash-on-Cash Return-1.27%
Monthly Debt Service$137,474.80
Annual Debt Service$1,649,697.54