Vivian Dimond’s oceanfront mansion in Manalapan, listed for $59.9 million, has found a buyer, according to a March 10 report. The property is the latest high-value contract in Palm Beach County’s luxury real estate market this season.
The sale comes as buyers signed 32 contracts for luxury properties in Palm Beach County between March 2 and March 8. These contracts represent a total asking dollar volume of $304.9 million, with homes averaging 107 days on the market. The previous week saw 35 contracts totaling $295.6 million.
The data, tracked by Douglas Elliman’s Eklund-Gomes team, covers single-family homes and condos listed at $3 million or more in the Beaches MLS. Last week, there were 52 new listings and a total of 1,292 active listings on the market. Of the properties that went pending, 28 were single-family homes and four were condos. Condos averaged an asking price of $5.6 million and spent about 72 days on the market, while single-family homes averaged $10.1 million and spent about 142 days on the market.
Dimond’s property at 1460 South Ocean Boulevard was the most expensive listing to go pending last week. Her firm, Bayshore Grove Capital, acquired the incomplete estate in 2024 after Nigerian oil mogul Onajite Okoloko lost it to foreclosure in 2023. The finished mansion spans nearly 20,000 square feet with six bedrooms, eight bathrooms, five half-bathrooms, a salon, game room, wellness wing, indoor pool, outdoor pool, tennis court, a garage for sixteen cars and a dock. It features frontage on both the ocean and Intracoastal Waterway.
The mansion has been listed intermittently since 2022 with an initial asking price as high as $87.5 million before settling at its current price point. Gary Pohrer with Serhant and Christopher Leavitt with Douglas Elliman are handling the listing.
Another notable transaction last week was a home at 433 Antigua Lane in Palm Beach listed for $24 million by Steven Hudson of ECN Capital. Hudson purchased it for $19 million in December before relisting it earlier this year.
