South Florida Luxury Real Estate Super Agents Philip Lyle Smith & Carla Ferreira-Smith Sell Outrageous $75 Million Oceanfront Mansion In Palm Beach County
Luxury Resort Portfolio – The Definitive Source For Luxury Real Estate In South Florida Co-Founders Philip Lyle Smith & Carla Ferreira-Smith, referred to as The Smiths, hold the distinguished honor of representing, marketing and selling the most expensive home currently documented in the 2023 Beaches Multiple Listing Service to date in the High-Net-Worth South Florida Ultra-Luxury Oceanfront Town Of Manalapan, just South of Palm Beach Island. With an original list price of $74.99 Million, the South Florida luxury real estate power couple and Broker | Owners of Luxury Resort Portfolio, The Smiths, through their extensive qualified buyer target advertising campaigns and profound knowledge of today’s Palm Beach County high-end home sales market, were able to secure and facilitate a successful closed transaction for their home sellers Oceanfront Mansion In Palm Beach. Philip and Carla also represented these sellers’ when they purchased this magnificent waterfront estate in 2016, whereby gaining their repeat clients a considerable financial profit.
The property known as “Villa Oceano Azul” located at 1400 South Ocean Boulevard in Manalapan, Florida 33462 is a “Beach-Chic” contemporary designed and decorated masterpiece, offered fully furnished, perfectly set on a rare strip of land along Florida’s Gold Coast measuring two acres between the Atlantic Ocean and the Manalapan Intracoastal Waterway. This exclusive sea to lake waterfront location is a unique feature to only a handful of Oceanfront Mansion In Palm Beach where the home is balanced between the shimmering beachfront waves and the tranquil Intracoastal waters replete with your own private boat dock. A true entertainers paradise adorned with every luxury one could ever imagine and custom built with oversized rooms, this regal estate is still inherently a family home and provides warm inviting spaces to enjoy with family and friends to create memories of a lifetime.
When South Florida luxury real estate specialists Philip and Carla Smith of Luxury Resort Portfolio were asked to share their outlook on the current environment of the ultra-luxury Florida home sales market they replied by stating that: “South Florida luxury real estate home prices for Oceanfront properties, especially with large land parcels such as Villa Oceano Azul have sky-rocketed and more than doubled over the past few years since the onset of the pandemic due to the fact that high net worth home buyers have sought out Oceanfront Mansion In Palm Beach with generously sized outdoor spaces to fulfill their need for social distancing, self-contained entertaining paradises and the requirement for their children to have safe surroundings to play. Other factors that contribute to the recent rise in home prices in Florida, besides our magnificent weather, are the tax benefits to ultra-wealthy individuals and the fact that Florida is a very pro-business state as many of the recent home buyers have relocated their corporate offices to South Florida. What adds to the increased home value of this particular property continued The Smiths of Luxury Resort Portfolio is its extraordinary feature of being situated on a rare two-acre Ocean to Intracoastal lot. The best of both worlds, a sandy direct beachfront on one side and access to your own private deep-water dock to enjoy boating activities along the Intracoastal Waterway on the other”.
When commenting on this record setting home sale, Philip remarked: “Carla and I are very proud to have been given the opportunity to list, market and sell “Villa Oceano Azul” for these gracious Sellers’ and we are honored that the homeowners have entrusted Luxury Resort Portfolio for a second time in their representation of this magnificent ultra-luxury Manalapan Florida Estate”.