Marine Rollins Of Miami Global Realty Represents Buyer In $29M Sale In Manalapan
1300 South Ocean Boulevard
$29,000,000
Building Size
—
Asset Type
Single Family Residence
Closing
Jan 13, 2026
AI
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
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
0.55%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93