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1960 S Ocean Blvd
Score
83
Manalapan, FL

1960 S Ocean Blvd

285.0M
8 bd • 16 ba • sf

This analysis was generated on 6/24/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$285,000,000
Price/Sq.Ft
$285,000,000
Within Fair Range
within range

Current Price

$285,000,000

Fair Range

$250,000,000 - $300,000,000

$285,000,000
Below Market-20%
Above Market+20%

Negotiation Leverage

3 points to consider in your offer

Recommended Offer

$265,000,000
Success Probability:High(70%)

AI Rationale

The offer is competitive yet realistic, considering the property's unique features and market conditions. It accounts for the DOM, insurance costs, and market slowdown.

Overall Score
83
95
Home Condition
98
Natural Light
78
Value
78
Location

Visual Insights

AI-analyzed spaces with reimagining capabilities

Ownership History

Previous ownership changes and transaction details

Mar
2024
$27,500,000Cash Purchase
March 11, 2024
From:1960 South Ocean Llc
To:1960 S Ocean Blvd Llc
Warranty Deed
Non-Residential Arm's Length Transactions

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$285,000,000
-30%List: $285,000,000+30%
20%
$57,000,000of $285,000,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $1,197,000/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$75,668,400
Closing Costs
+$18,668,400
Down Payment
$57,000,000
Buyer Agent Fee
$7,267,500
Loan Fees
$2,280,000
Title & Escrow
$1,710,000
Inspections
$900
Transfer Tax
$3,135,000
Prepaid Expenses
$4,275,000

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Historical market data is not available

Schools

Nearby school quality by education level

Elementary

5.0/10
Average

Middle

2.0/10
Below Average

High

1.5/10
Below Average

Climate Risks

Assessment of climate-related hazards for this property

Low Climate Risk

This property has minimal climate-related risks

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

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Tour Checklist

Key items to inspect during your property tour

Inspect all seawalls and docks for cracks, erosion, or signs of instability. Document with photos and video.

Thoroughly inspect the boathouse, beach house, and guest house for water damage, mold, or structural issues. Pay close attention to roofing, windows, and foundations.

Questions to Ask

Important questions to ask during the tour

Can you provide a detailed history of seawall maintenance, repairs, and any engineering reports related to its stability and future needs?

What specific measures have been taken to mitigate the risk of flooding and storm surge, and what is the estimated cost of future climate adaptation measures?

Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.

Property Discussion

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