SOLD
Pascal Nicolai's Sabal Development Acquires Manalapan Development Site For $9.85M
3050 South Ocean Boulevard
Development Site
55,000 SF
55,000 SF
Sold 1 year ago
Summary
Sale
FLORIDA
Development Site
55,000 sqft
A development site located at 3050 S. Ocean Blvd in Manalapan has been sold for a price of $9,850,000. The property spans approximately 55,000 square feet, resulting in a price per square foot of $179. The sale took place on June 16, 2021.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $9,850,000
- Address: 3050 S. Ocean Blvd
- Market: Manalapan
- BSF: 55,000
- PPBSF: $179
The buyer of the property is Pascal Nicolai, representing Sabal Development. Pascal plans to construct a new luxury home with an estimated size of 12,000 square feet. Gilles Dalco, from Bonaparte Real Estate LLC, acted as the buyer's representative in the transaction. The seller, Kenneth Brodlieb, was represented by Christopher Leavitt from Douglas Elliman.
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Details
SOLD
IMAGE: Pascal Nicolai
DATE: 06/16/2021
ADDRESS: 3050 S. Ocean Blvd
MARKET: Manalapan
ASSET TYPE: Development Site
BUYER: Pascal Nicolai (Sabal Development) @SabalDev, @SabalBuilder - Plans to build a new luxury home around 12,000 sq. ft.
SELLER: Kenneth Brodlieb
BUYER'S REP: Gilles Dalco - Bonaparte Real Estate LLC
SELLER'S REP: Christopher Leavitt - Douglas Elliman
SALE PRICE: $9,850,000
BSF: 55,000 ~ PPBSF: $179View on map
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Address3050 South Ocean Boulevard
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