Billionaire pays $ 55.5 million money for an underdeveloped portion in Florida – bringing his total expenses to $ 94m to build his dream attraction

Billionaire David Macneil and his wife Melissa just closed in a lake-ocean lot in Manalapan, Florida for $ 55.5 million in cash ready for their total expenses for a stunning $ 94 million in front of the couple and even their dream home there.

And the billionaire calls it a deal.

“I really think I got a shopping,” Macneil told the founder and CEO of Weathertech, a car manufacturer, Gimme Shelter told him in an exclusive interview.

David Macneil, who will be one of the youngest wealthy residents of Manalapan. Alamy Stock Photo
The newly purchased tear on the right has structures on the ground, which will be destroyed. Farrell companies

Earth – which has structures on it, all of which will collapse – it is adjacent to another part that Macneil bought for $ 38.5 million last year.

The property goes from intracoastal to the Atlantic. When both parts combine, the end result will be a complex at 3.6 hectares – and 340 meters in the ocean.

“It’S’S is the second largest tear in Manalapan, and the only part in Palm Beach with the intracoastal front and the ocean is left by the sea, so this is very special,” Macneil said.

The seller of the $ 55.5 million in 1140 S. Ocean Blvd was the famous developer Joe Farrell, whose clients have included Madonna and Justin Bieber over the years. Lot was also traded for $ 95 million, which included a specific non -built home, as Gimme reported exclusively.

The listing of mediator Margit Brandt, of the Premier Estate Properties, also represented the seller.

Macneil tells Gimme that he is building a settlement and a home invited to the massive place – and that work has already been with the construction of a sea wall.

“We are designing a wonderful functional and extremely well-built, aesthetically pleasant home, which is high-style, not visible,” said Macneil, who will move with his wife and three lots of room for their adult children to visit. The current base of the family home is Fort Lauderdale, where they recently sold a $ 40 million home.

Famous developer Joe Farrell sold $ 55.5 million for Macneil. Getty Images
Lot 55.5 million dollars were also traded as a $ 95m property with the kind that was never built. Farrell companies
Instead of this residence, the macneil will start all over again. Farrell companies

The architect of the ManalaPan complex is Holdren + Lietzke, from Monterey, California; The builder is the local based company RWB Management Management, Macneil said.

“We’re building a home, not a home – with an amazing design, without time. We’re very excited with preliminary plans,” Macneil said.

He added that the house will also have a big garage for its wide collection of cars, which begins in the 1920s and goes to this century.

Having a property in Atlantic and intracoastal was “extremely important because you get the ocean plus a boat in intracoastal. It is the best of both worlds,” Macneil said. “We’re getting permission now, and we’re too excited to go.”

He estimates that it will take two and a half years to build.

Larry Ellison owns Manalapan’s largest private residence. Getty Images
Tony Robinson also lives in Manalapan. Dead

Manalapan is only 10 miles south of Palm Beach and 9 miles north of Delray Beach, and is becoming the destination for billionaires, as Gimme reported earlier.

Billionaire Larry Ellison, co-founder of the Oracle software giant, owns the largest private residence in the area, which he bought for $ 173 million in 2022. He also owns the former Beachfront Palm Beach Resort & SPA in 100 S. Ocean Blvd. million

Another local Stewart Satter developer has listed the land, and a home he has not yet built, for $ 285 million-a planned ocean-intracoastal property at the site of a tear he bought for $ 27.5 million last year. The 4 -acre parcel is one of the most expected residential lists in US history.

Other Manalapan residents include Billy Joel, Tony Robbins and Farrell himself, who owns a house there for two decades.

“Manalapan is underestimated,” Brandt said. “Where else can you get these kinds of massive, multi-hectic spread, ocean-liken, with direct ocean access, precisely in the sandless sand? It offers close proximity to Palm Beach’s action, but with additional opportunities for privacy, security and space.”

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Image Source : nypost.com

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