Developer Mark Pulte has sold his oceanfront mansion in Delray Beach for $59 million. Property records show that 701 South Ocean LLC, controlled by Pulte, sold the estate at 701 South Ocean Boulevard to a trust named after the property’s address. The listing was handled by Pascal and Joe Liguori of Premier Estate Properties, with Pascal and Antonio Liguori representing the buyer.
Mark Pulte is known as the son of Bill Pulte, founder of PulteGroup. His own company, Mark Timothy Incorporated, specializes in building luxury homes in Palm Beach County. In recent years, Pulte has been active in high-value real estate transactions. In 2020, he sold a Palm Beach lakefront estate for $33.2 million after purchasing it for $14 million three years earlier. That same year, he also sold a vacant lot on the island for $23 million.
Pulte bought the Delray Beach property in 2020 for $11.1 million and completed construction of a 14,000-square-foot mansion in 2023. According to property records and listings, the home features five bedrooms, nine bathrooms, two half-bathrooms, a pool, and spans 120 square feet along the oceanfront.
The property was first listed at $44.9 million in 2021 before its asking price was raised to $74 million in 2023 on Zillow.
This sale is among several high-priced deals recently recorded in Delray Beach. Earlier this month, actor Mark Wahlberg purchased a mansion in Stone Creek Ranch near Delray Beach for $32.6 million. Additionally, Wayne Rothbaum of Quogue Capital sold two adjacent oceanfront lots for a combined total of $44 million after acquiring them for $18.3 million previously. In May, Jeffrey Herzog and his wife Jill Herzog sold their mansion for $23.5 million.
