James Stephen Turner Jr Of MarketStreet Enterprises Acquires Oceanfront Mansion For $21.625M
1443 North Ocean Boulevard
$21,625,000
$3,123/SF
Building Size
6,924 SF
Asset Type
Single Family
Closing
Sep 22, 2025
AI
The property asset involved in this transaction is a single-family estate located at 1443 North Ocean Boulevard in Delray Beach. The mansion spans an area of 6,924 square feet and is situated on a 0.94-acre lot. It was sold for a transaction amount of $21,625,000, which equates to a price per square foot of $3,123.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $21,625,000
- Address: 1443 North Ocean Boulevard
- Market: Delray Beach
- Acres: 0.94
- Square Footage: 6,924
- Price per Square Foot: $3,123
- Buyer: James Stephen Turner Jr - MarketStreet Enterprises
- Seller: The Ganger Miradero Community Property Trust
- Buyer's Representative: Candace Friis - The Corcoran Group
- Seller's Representatives: Pascal Liguori & Antonio Liguori - Premier Estate Properties
A Tennessee firm led by MarketStreet Enterprises CEO James “Jay” Stephen Turner Jr. acquired the historic Gulf Stream oceanfront mansion which was originally built for Vanderbilt heiress Lila Vanderbilt Webb. The sellers, represented by Pascal and Antonio Liguori, were able to secure a notable price for the estate, validating the interest in high-value properties in the area.
Players
Delray Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.73%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93