Chris Rokos sells Manalapan mansion for $83.2 million; mystery buyer takes over 2.8-acre Waterfront estate that once drew Michael Jackson
Hedge fund manager Christopher Rokos has sold a luxury Manalapan estate for $83.2 million, more than double the price paid in 2017. The identity of the buyer remains undisclosed, and the property's history includes interest from high-profile figures like Michael Jackson.
Why it matters
The sale highlights the extreme volatility and high-end nature of the luxury real estate market in Florida.
A Manalapan waterfront estate has changed hands for $83.2 million, but the property’s recent history is almost as interesting as the price tag.British billionaire and hedge fund manager Christopher Rokos sold the 2.8-acre estate at 1370 South Ocean Boulevard for more than twice the $40 million paid for it in 2017. The latest buyer used a United Kingdom address, but the buyer’s identity has not been made public, as per a report.Manalapan mansion sells for more than double its 2017 priceThe property was purchased for $40 million in 2017 by a United Kingdom-registered entity from Patrón tequila executive Edward M. Brown.Public records show ownership later transferred to Rokos’ name in 2021 for $100.The estate was initially listed for $150 million before its asking price was reduced to $135 million.
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