David MacNeil Of WeatherTech Acquires Ocean-to-Lake Estate In Lantana For $68.32M

The property involved in this transaction is a single-family estate located at 1940 South Ocean Boulevard in Lantana, encompassing 1.94 acres. This contemporary estate was completed in 2022 and features six bedrooms, with a total square footage of 22,836. The property includes roughly 150 feet of waterfront on both the Atlantic Ocean and the Intracoastal Waterway, and was sold for a transaction amount of $68,318,675.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $68,318,675
• Address: 1940 South Ocean Boulevard
• Market: Lantana
• Asset Size: 1.94 acres
• Square Footage: 22,836
• Buyer: David MacNeil - WeatherTech
• Seller: Francis & Dolores Mennella
• Buyer's Representative: Margit Brandt - Premier Estate Properties
• Seller's Representatives: Philip Smith & Carla Ferreira-Smith - Luxury Resort Portfolio
• PPSF: $4,120

David MacNeil, the founder of WeatherTech, purchased the estate from Francis and Dolores Mennella. Margit Brandt of Premier Estate Properties represented the buyer, while the sellers were represented by Philip Lyle Smith and Carla Ferreira-Smith of Luxury Resort Portfolio. The estate consists of two parcels connected by a tunnel, and it is located near MacNeil's separately listed 3½-acre double lot with an asking price of $125 million.