The owner of the Mar Pietra beachfront mansion in Delray Beach, Florida, is looking to shatter a local price record with an asking price of $60 million.
Musa founded and sold several companies in the eye-care industry. He also develops real estate and built Mar Pietra with this now ex-wife.
The highest sale price ever achieved in Delray Beach was $34 million for a listing also located on South Ocean Boulevard that sold in 2021. According to public records, the top sale price per square foot was also recorded in 2021, at just under $2,600 per square foot. Mar Pietra's list price would put it right in line with that value metric.
Also grandfathered in was a portion of beachfront lot that was cleared decades ago by the hotel's owners, something Musa told CNBC current regulation would never allow. That clearing is now a lush evergreen lawn, made of artificial grass, that rolls across the back of his one-acre property where it meets the natural vegetation on the sandy shoreline.
"The ultra-luxury real estate market will continue to prosper," she said. "Wealthy clients love Palm Beach County, valuing oceanfront locations, privacy and uniqueness above all else." The two-lot deal, Adzem said, would deliver enough land to develop another waterfront house that could include a rare spot on the Intracoastal Waterway to dock a mega yacht. As for the price tag to buy the full package deal, Adzem said she would only discuss that number with prospective buyers.Vehicles entering the estate pass through a porte-cochere that doubles as a guesthouse.The home's driveway passes through a grand archway called a porte-cochere that leads to a circular motor court.
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