Updated Oct 20, 2025
Mark Pulte Sells Oceanfront Mansion In Delray Beach For $59 Million With Liguori Brothers As Brokers
701 South Ocean Boulevard
$59,000,000
$4,090/SF
Building Size
14,425 SF
Asset Type
Single Family
Closing
Oct 14, 2025
About this deal
AI
Mark Pulte sold his newly built single-family oceanfront mansion located at 701 South Ocean Boulevard in Delray Beach for $59 million. The property spans 1.19 acres and has a square footage of 14,425, resulting in a price per square foot of $4,090.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $59,000,000
- Address: 701 South Ocean Boulevard
- Market: Delray Beach
- Acres: 1.19
- Square Footage: 14,425
- Price Per Square Foot: $4,090
- Seller: Mark Pulte
- Brokers: Pascal Liguori, Antonio Liguori & Joseph Liguori - Premier Estate Properties
The transaction involved a trust tied to the address, facilitated by the brokerage team of Pascal, Antonio, and Joseph Liguori, who represented Pulte’s 701 South Ocean LLC in this deal. The sale amount exceeded five times the initial purchase price for the site in 2020.
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Delray Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $4.1K per square foot on a published $59M for 14,425 square feet (2025).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.27%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93