Don King’s Mansion in Manalapan Florida on the Intracoastal Sells For A Knockout
Don King, the renowned boxing promoter to some of the greatest fighters in boxing history and owner of the magnetic personality and electric hairstyle, has finally sold his magnificent Intracoastal property in Manalapan Florida for the knockout sum of $15,950,000
The Manalapan Florida waterfront property actually traverses the Beach and Intracoastal canal and comprises TWO Manalapan Florida Estates (a North Estate and a South Estate) rather than one with approximately three acres of prime Manalapan Florida real estate – 900 South Ocean Boulevard, Manalapan, Palm Beach, FL 33462 AND 920 S Ocean Blvd, Manalapan, Florida 33462.
The two properties were sold together as a package closing on June 4th, 2011 to a Delaware registered Corporation – 900 South Ocean Blvd LLC according to the Warranty Deed obtained from the Palm Beach County Court Records. The Delaware Corporation was represented by Boca Raton Attorney Stuart T. Kapp, Esq with Proskauer Rose LLP located at 2255 Glades Road, Boca Raton, FL 33431 very close to our Palm Beach Premier Real Estate Office at 301 Yamato Road, Boca Raton, FL 33431
These magnificent Manalapan Florida Oceanfront and Intracoastal properties were originally listed for $19,995,000 on March 30th, 2011 having been owned by Don King and his wife Henrietta King for 11 years. They originally purchased these tow Manalapan Florida Intracoastal properties and Oceanfront estates for $7,800,000 in March 1999.
According to Realist Tax information there were no outstanding liens on either parcel which if true, would represent a substantial return on the Kings’ initial investment.
The Manalapan oceanfront estate and Intracoastal Property located at 900 S Ocean Blvd, Manalapan, Florida (the North Estate) included 6,747 livable square feet under air with 5 bedrooms, 6 bathrooms, in-ground swimming pool, boat dock, two-car garage and was built in 1985 with some exquisite touches in keeping with the character and style of Manalapan and South Florida.
The larger South Estate was built in 1994 with 17,726 square feet under air – 9 bedrooms, 10 bathrooms, fountains, beach-side swimming pool and hot tub, tennis courts, courtyard and with expansive panoramic Ocean and Intracoastal canal views throughout this magnificent Manalapan Florida waterfront estate.
As always, Manalapan Florida residents enjoy the many amenities at the Palm Beach Ritz Carlton, so the buyer of this majestic Manalapan estate can look forward to some wonderful and relaxing treatments and pampering in the South Florida sun.
If you are looking to purchase Manalapan Florida Real Estate or to list your Manalapan Florida Intracoastal property for sale or Manalapan Florida Oceanfront Estate for sale then please call Palm Beach Premier Real Estate at 561.395.8418 or email us at Info@PalmBeachPremierRealEstate.com
Aerial images courtesy of Palm Beach County Property Appraisers Office