Manalapan, the narrow ocean-to-lake town immediately south of Palm Beach, just posted a $104 million single day. Two trades worth $72 million and $32 million closed yesterday, both brokered by Margit Brandt of Premier Estate Properties — now the top-ranked agent in Manalapan for 2026.
The first sale, at 1660 S. Ocean Boulevard, traded for $72 million. Brandt represented the seller, Pan-Pacific CEO Ron McMackin, exclusively, listing the ocean-to-lake estate before closing the deal yesterday.
The second sale closed off-market the same day at 1960 S. Ocean Boulevard, where Brandt represented WeatherTech founder David MacNeil's $32 million acquisition of a portion of a four-acre vacant ocean-to-lake parcel adjacent to his home. Oracle co-founder Larry Ellison is expected to close on the remaining portion for a reported $35 million in the coming weeks, expanding his neighboring 22-plus-acre estate — the largest in Manalapan. The parcel, sold by former Manalapan Mayor Stewart Satter, was originally marketed as the country's most expensive new-construction residential project at a $285 million price tag before Satter divided the land into two.
The Manalapan sales add to a strong year for Brandt, who in April represented the seller side of 1120 S. Ocean Boulevard for a recorded $105 million — itself one of the largest residential sales in Florida this year. With yesterday's $104 million day, Brandt now leads Manalapan in total volume for 2026 and ranks among the most active agents in Florida's ultra-high-end residential market.
Manalapan covers roughly 1.5 square miles of coastal real estate between the Atlantic Ocean and the Intracoastal Waterway, with most of its housing stock concentrated along ocean-to-lake parcels on South Ocean Boulevard. The town now counts Ellison, MacNeil, and a growing roster of billionaires among its property owners — and yesterday's results reinforce its place at the top of the South Florida luxury market.