A piece of dirt in Florida has sold for $105 million. Ryan Walblay of Global Video Pros Land prices in this sunny, billionaire-friendly spot are out of control.
A piece of dirt in Florida has sold for a cool $105 million, The Post has learned.
The land — owned by a Florida billionaire — was asking $125 million last December. It’s comprised of two adjacent lake-to-ocean lots in Manalapan, at 1120 South Ocean Blvd. — with 342 feet on the ocean.
The pricey land deal is for a coveted lake-to-ocean double parcel. Ryan Walblay of Global Video Pros “It’s a land deal, and the buyer is totally cloaked up,” a source said. “They walked the property once, privately, one day, and that was it.”
Car mat mogul David MacNeil, the president and CEO of WeatherTech and his wife Melissa, had planned on building a dream house on the vacant lots before they found something they liked more: a $75 million turn-key mansion that is also nearby, in Manalapan.
The MacNeils bought the two adjacent parcels separately, paying a total of $94 million for the land. They spent $55.5 million for 1.5 acres last May and $38.5 million for two additional, adjacent acres in April 2024.
It’s the second largest parcel in Manalapan — and ready for the next dream house. Ryan Walblay of Global Video Pros Now, the new buyer will be building a dream house. Currently, the new owner can build a mansion that is up to 60,000 square feet — subject to town approval.
Manalapan is in between Del Ray and Palm Beach, where lake-to-ocean lots are so rarely there’s only one: Mar-a-Lago.
It’s the second largest property in Manalapan after billionaire Larry Ellison, who paid $173 million for 22 acres there in 2022. That property includes an 85,000-square-foot home with 33 bedrooms, as well as an art gallery, a bird sanctuary and a PGA-level golf course on the ocean. (Ellison also owns a hotel in Manalapan.)
