Updated Nov 12, 2026
Fran Tarkenton Purchases Oceanfront Mansion In Palm Beach From Lynda & Anthony Lomangino For $51.89M
1620 South Ocean Boulevard
$51,890,000
$5,132/SF
Building Size
10,111 SF
Asset Type
Single Family
Closing
Nov 10, 2026
About this deal
AI
A single-family oceanfront mansion located at 1620 South Ocean Boulevard in Palm Beach, Florida, has been sold for $51.89 million. The property features five bedrooms and encompasses a total of 10,111 square feet, resulting in a price per square foot of $5,132.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $51,890,000
- Buyer: Fran Tarkenton
- Seller: Lynda & Anthony Lomangino
- Buyer's Representative: Jana Scarpa - Compass
- Seller's Representative: Christian Angle - Christian Angle Real Estate
Fran Tarkenton, a former NFL quarterback and Hall of Famer, acquired the mansion through The Tarkenton Revocable Trust from Lynda and Anthony Lomangino, who had purchased the property for $12.65 million in 2019.
On the Map
$51,890,000
$5,132/SF
Single Family
View full map
Players
Oceano Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Deal FAQ
About $5.1K per square foot on a published $51.9M for 10,111 square feet (2026).
Visit Christian Angle to view all their deals.
Browse Oceano single family sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.31%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93