Ocean-to-lake estate near Palm Beach sells for $29 14 million, MLS says palmbeachdailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from palmbeachdailynews.com Daily Mail and Mail on Sunday newspapers.
Cantor Companies CEO Michael Cantor parted with his oceanfront Manalapan mansion for $28 million.
Property records show Cantor’s 1160 Manalapan LLC sold the 20,075-square-foot estate at 1160 South Ocean Boulevard to a land trust managed by City National Bank of Florida.
The trust financed the purchase with a $20.3 million loan from HSBC Bank.
The Manalapan mansion, with seven bedrooms, nine bathrooms and 2.5 half-bathrooms, sits on a 1.7-acre lot. It has a tennis court, 160 feet of ocean frontage, and another 160 feet of frontage on the Intracoastal Waterway. The estate was built in 1995 and was recently renovated and expanded to include a home gym and spa addition, according to the listing. It’s been on and off the market since 2018, most recently asking $33.9 million in January.