Palm Beach billionaire Jeff Greene has placed two adjacent ocean-to-lakefront properties in Manalapan on the market for a combined $99 million. Located just north of the Boynton Beach Inlet, these estates offer a rare opportunity for expansive waterfront living.
Key Takeaways
- Jeff Greene is asking $99 million for two adjoining properties in Manalapan.
- The combined land spans 3.14 acres and features both ocean and lake frontage.
- This new listing represents a significant price increase from a previous marketing attempt in 2022.
Prime Waterfront Location
The two properties, situated at 4000 and 4020 S. Ocean Blvd., together encompass 3.14 acres of prime real estate. Their strategic location immediately north of the Boynton Beach Inlet provides unparalleled access to both the Atlantic Ocean and the Intracoastal Waterway, a highly desirable feature for luxury coastal properties.
A Dramatic Price Adjustment
This is not the first time Greene has sought to sell these valuable parcels. In 2022, the properties were reportedly marketed for $49.9 million. The current listing, which entered the multiple listing service on May 14 under the sole address of 4000 S. Ocean Blvd., reflects a near doubling of the previous asking price. The change in marketing strategy also includes a switch in real estate agencies handling the sale.
Sources
- Jeff Greene asks $99 million for waterfront property near Palm Beach, The Palm Beach Post.