David MacNeil is quietly dismantling his luxurious South Florida property empire — and changing it with one thing way more grand.
The billionaire WeatherTech founder and CEO unloaded his waterfront Fort Lauderdale property at 84 Isla Bahia for $34 million, and the deal was finished in lower than 21 days, The Submit has realized.
The client’s identification hasn’t surfaced in public data.
The transaction is the most recent transfer in a sweeping actual property repositioning by the automotive mat billionaire, who has been quietly buying and selling coastal Florida trophy properties whereas assembling what might turn into one of the vital formidable non-public compounds on the Jap Seaboard.
Unfold throughout three ranges and simply over 11,700 sq. ft, this just-sold six-bedroom residence sits on a degree lot contained in the guard-gated Harbor Seaside neighborhood, commanding practically 300 ft of Intracoastal frontage.
Inside there are hovering ceilings, marble and wooden floors, 4 fireplaces, six moist bars, a commercial-grade elevator and a third-floor lounge that opens to sweeping water views.
Exterior sits a roughly 90-foot infinity-edge lap pool, solar terraces and a non-public dock with direct ocean entry. The neighborhood additionally affords residents a non-public seaside membership, with Las Olas eating and yachting simply minutes away.
Itemizing agent, Chad Carroll of the Chad Carroll Group at Compass, referred to as it a textbook execution. Brett Bass of Bass Realty and Investments represented the client.
“On this market, patrons transfer rapidly on properties that examine each field,” Carroll instructed The Submit.
The Fort Lauderdale sale is basically the closing chapter of MacNeil’s life on the decrease Gold Coast and the opening act of one thing a lot bigger to the north.
Over the previous two years, MacNeil has spent roughly $94 million assembling a uncommon ocean-to-Intracoastal assemblage in Manalapan, a small barrier island city 10 miles south of Palm Seaside that has quietly turn into a magnet for the ultra-wealthy.
He picked up a 2-acre lot for $38.5 million in April 2024, then added an adjoining 1.5-acre parcel final Could for $55.5 million in money, shopping for it from movie star developer Joe Farrell, whose purchasers have included Madonna and Justin Bieber.
The mixed website spans roughly 3.6 acres with 340 ft of ocean frontage, and sits on land the place solely Mar-a-Lago in close by Palm Seaside shares the identical ocean-to-Intracoastal configuration.
MacNeil wasn’t shy about his view of the deal. “I truly suppose I bought a cut price,” he instructed The Submit final yr.
He has since listed the vacant assemblage at a whopping $125 million and is planning a full-scale compound on the positioning. A construction of as much as 60,000 sq. ft might theoretically rise there, although all plans require city approval.
