Updated Oct 1, 2026
Chris Rokos Sells Single Family Home In Manalapan For $83.2 Million With Jack Elkins And Paula Wittmann As Representatives
1370 South Ocean Boulevard
$83,200,000
$2,821/SF
Building Size
29,485 SF
Asset Type
Single Family
Closing
Oct 1, 2026
About this deal
AI
This single-family residence, located at 1370 South Ocean Boulevard in Manalapan, Florida, features a total of 29,485 square feet on a 2.83-acre lot. The property was sold for $83,200,000, marking a significant reduction from its original asking price of $150 million in February 2025 and $135 million thereafter.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $83,200,000
- Address: 1370 South Ocean Boulevard
- Market: Manalapan, FL
- Square Feet: 29,485
- Price Per Square Foot: $2,822
- Seller: Chris Rokos
- Buyer's Representative: Rosalind Clarke - Premier Estate Properties
- Seller's Representatives: Jack Elkins & Paula Wittmann - William Raveis Real Estate
In this transaction, British billionaire Chris Rokos was the seller of the property. The buyer's representative, Rosalind Clarke, operates under Premier Estate Properties, while the seller was represented by Jack Elkins and Paula Wittmann from William Raveis Real Estate. Local agents suggested that the buyer may consider the property as a potential teardown or renovation project.
On the Map
$83,200,000
$2,821/SF
Single Family
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Players
Lantana Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $2.8K per square foot on a published $83.2M for 29,485 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.19%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93