Premier Estate Properties has once again been recognized in national real estate media for its role in a landmark transaction. The Real Deal and South Florida Business Journal have highlighted the record-breaking $105 million sale of an oceanfront lot in Manalapan, Florida — the most expensive land sale in Palm Beach County history — in which Premier Estate Properties Estate Agent Margit Brandt represented the seller.
The property, located at 1120 South Ocean Boulevard in Manalapan, encompasses 3.6 acres of pristine oceanfront land along one of South Florida’s most coveted stretches of coastline. Originally brought to market at $125 million, the parcel was acquired by HSH-Sunshine Revocable Trust. WeatherTech founder and CEO David MacNeil was the seller, with Lawrence Moens of Lawrence A. Moens Associates representing the buyer. The transaction establishes a new benchmark for land values in the exclusive enclave of Manalapan and across Palm Beach County as a whole.
This landmark sale reflects the continued strength and desirability of South Florida’s ultra-luxury coastal market, where raw land of this caliber — offering direct oceanfront access and the rare opportunity to create a truly bespoke estate — commands values that rival the finest finished residences in the world. Manalapan, home to some of the most significant private estates in the United States, remains one of the most tightly held and prestigious addresses along the entire Eastern Seaboard.
Transactions of this magnitude require not only deep market knowledge, but the kind of trusted relationships and discreet, sophisticated representation that only comes with decades of exclusive focus on the ultra-luxury segment. Since 1993, Premier Estate Properties has been the only brokerage in South Florida exclusively dedicated to estates priced at one million dollars and above — a singular specialization that has made our Estate Agents the trusted advisors of choice for clients navigating the region’s most consequential real estate decisions. Margit Brandt, Premier Estate Properties’ top individual producer, exemplifies this standard of representation at the highest level.
Media Coverage:
The Real Deal — South Florida | South Florida Business Journal
Margit Brandt
Estate Agent | Premier Estate Properties
To explore available estates in Manalapan, Palm Beach, and throughout South Florida’s most exclusive coastal communities, contact Premier Estate Properties at premierestateproperties.com or call 866.670.6669.