$87 Million Oceanfront Estate Lists in Manalapan, Florida

A newly completed oceanfront estate in Manalapan, Florida, has been listed for $87 million, highlighting the surge of ultra-luxury real estate in the Palm Beach area. The 27,745-square-foot property at 1160 South Ocean Boulevard features both oceanfront and Intracoastal access, rare for the region, and includes extensive amenities such as dual swimming pools, a guest house, and a climate-controlled garage. The estate is touted by listing agents Phil and Candace Friis as a 'retreat' and 'work of art,' constructed by Bluedoor Building and designed to cater to modern buyers. This listing comes amid a wave of high-profile properties entering the market, including a nearby $285 million mansion and another listed at $200 million. The exclusive nature of this property is underscored by its location among celebrity neighbors and the limited number of homes that offer similar access to both waterfronts. The luxury market in Palm Beach is seeing unprecedented demand, with recent contracts and listings setting new price benchmarks.