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701 South Ocean Boulevard

Mark Pulte Sells Oceanfront Mansion In Delray Beach For $59 Million With Liguori Brothers As Brokers
SOLDSingle Family

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

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.

Players

Pascal Liguori

Premier Estate Properties

Broker

$219.2M

vol

10 deals

Broker

Mark Pulte

Seller

$243.2M

vol

4 deals

Seller

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

0.27%

Cash-on-Cash

-0.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93