Exclusive | David MacNeil needs $125M for Manalapan tons | Real Estate Market Insights

A Florida billionaire is slated to record two mixed — and vacant — lake-to-ocean tons in Manalapan, Florida for $125 million on Monday, Gimme Shelter can completely reveal.

Car mat mogul David MacNeil, the president and CEO of WeatherTech, and his spouse Melissa paid $94 million for the land in two separate purchases: $55.5 million for 1.5 acres last May and $38.5 million for two further, adjoining acres in April 2024, as Gimme beforehand reported. At the time, MacNeil called the $55 million buy “a bargain.” 

In close by Palm Beach, MacNeil beforehand told Gimme, only Mar-a-Lago has lake-to-ocean entry.

This $125 million itemizing at 1120 South Ocean Blvd. comes shortly after the MacNeils paid $75 million for a turn-key Manalapan mansion, as the Wall Street Journal reported on Friday. 

David MacNeil. Alamy Stock Photo

An aerial of the roughly 3-acre lot, situated in a Florida enclave that’s changing into common among the rich set. Ryan Walblay of Global Video Pros

Billionaires love this 2.4-mile space referred to as Manalapan for its privateness and safety, and proximity to Palm Beach. Ryan Walblay of Global Video Pros

The offering is now empty of all constructions. A mansion that is up to 60,000 sq. toes could possibly be constructed on the plot, which incorporates 342 toes on the ocean, insiders acquainted with the property said. However, all plans require approval from the city.

Whoever buys it can have the second largest property in Manalapan after billionaire Larry Ellison, who paid $173 million for 22 acres there in 2022. The property consists of an 85,000-square-foot home with 33 bedrooms, in addition to an artwork gallery, a fowl sanctuary and a PGA-level golf course on the ocean. 

Manalapan is just 10 miles south of Palm Beach and 9 miles north of Delray Beach, and it’s changing into the go-to vacation spot for billionaires, as Gimme beforehand reported.

Other Manalapan residents embody Billy Joel, Tony Robbins, superstar developer Joe Farrell and New York society determine Jean Shafiroff. 

An aerial of Manalapan. Ryan Walblay of Global Video Pros

The property has enviable entry to 2 our bodies of water, each of that are prime. Ryan Walblay of Global Video Pros

“Manalapan, which is effectively an extension of Palm Beach just south of Mar-a-Lago, has long been a favored alternative for those seeking enhanced scale, value, privacy, security and an ocean-to-lake lifestyle where neighbors are limited,” said itemizing broker Margit Brandt, of Premier Estate Properties.

“You can walk the secured beach in the morning, and then head on over to your own dock to go boating in the afternoon,” Brandt added.

As an further bonus, Manalapan residents have the option of flying into a personal airport in Boca, if President Trump’s journeys on Air Force One create holding patterns at the West Palm Beach airport.

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