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NRIA CEO sells oceanfront Delray Beach spec home for $16M
Property includes 126 feet of ocean frontage Miami /
Rey Grabato and 707 North Ocean Boulevard, Delray Beach (Linkedin, 707 Delray, iStock)
Rey Grabato, president and CEO of National Realty Investment Advisors, sold an oceanfront spec home in Delray Beach for $16 million.
Records show N. Ocean Capital 707B, a Delaware corporation, sold the house at 707 North Ocean Boulevard to Jak Ftl LLC. The selling entity is managed by NRIA N. Ocean 707 Manager LLC, which is run by Grabato.