MANALAPAN, FL / ACCESSWIRE / December 15, 2021 / The Wall Street Journal reported hedge fund manager Paul Saunders and his wife recently sold their beautiful oceanfront Manalapan mansion built by RWB Construction Management. This stunning 16,077-square-foot, five-bedroom beachfront estate offers luxury amenities and a premier location. An unknown buyer purchased the well-appointed mansion at 1020 South Ocean Boulevard Manalapan, FL for more than $90 million.

This newly built oceanfront mansion offers patrons over 200 feet of coastline with additional land fronting the Intracoastal Waterway on Florida's premier island, Manalapan. The island of Manalapan is best known for its exceptional levels of service, detail-driven development, and a conservative approach to government. Essentially zero crime occurs in this area annually, making it an ideal place for elite and celebrity families to call home.

With a price tag between $90-100 million, this residential sale adds to an increasing number of high-priced deals to close in South Florida since the pandemic began in 2020. The Wall Street Journal reports, "In February, Tiger Global Management founder Scott Shleifer paid nearly $123 million for an oceanfront mansion in Palm Beach, setting a record for residential sales in Florida and marking one of the most expensive home sales in the country."

If you have had the chance to stroll through South Florida recently, you might have seen one of RWB Construction Management's new building signs. Robert Burrage and his team are currently constructing over two hundred thousand square feet of new luxury estates in the southeastern part of the state. RWB Construction Management recently completed a build at 1000 South Ocean Boulevard that is on the market for an impressive $106 million. A spec home they are now constructing alongside Carnegie Hill Development on 1260 South Ocean Boulevard is also expected to demand a record price at selling. As residential sales keep climbing; the future looks bright in the Sunshine State.

CONTACT:
Robert Burrage
RWB Construction Management
+1 561.270.1808
info@rwbconstructionmgmt.com

SOURCE: RWB Construction Management

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