|
Getting your Trinity Audio player ready...
|
Sean Hannity Acquires $23.5M Waterfront Estate in Florida’s Exclusive Manalapan Community
Edited by: Fern Sidman
Newsmax reported on Wednesday that Fox News anchor Sean Hannity has expanded his real estate portfolio with the acquisition of a stunning waterfront estate in Manalapan, Florida. Purchased for $23.5 million, this property boasts a coveted location in the affluent Palm Beach County community, offering frontage on both the Atlantic Ocean and the Intracoastal Waterway. According to the report on the Newsmax website, the transaction sheds light on Hannity’s recent transition from New York to Florida, aligning with his plans to broadcast his shows from West Palm Beach.
The estate, acquired through a limited liability company, was originally listed for $29 million in February 2024, but its asking price was reduced to $25.95 million in October, as per the information provided in the Newsmax report. Ultimately, Hannity closed the deal for $23.5 million, significantly less than the original listing price. The report on Newsmax highlighted that the seller, who also purchased the property via an LLC for $18 million in 2021, remains unidentified. However, documents related to the sale link the LLC’s president, Tom Del Bosco, to Alden Global Capital, a major hedge fund.
Spanning two acres of prime waterfront property, Hannity’s new estate is an impressive retreat built in the 1990s. According to the information contained in the Newsmax report, the 12,000-square-foot residence features eight bedrooms, 10 full bathrooms, and one half-bath. Notable amenities include a wine room, a rooftop observation terrace, a large dock suitable for yachts, and a luxurious outdoor pool. The property exemplifies the grandeur associated with Manalapan’s real estate market, where homes along the same stretch are listed for up to $95 million.
The Newsmax report indicated that Manalapan has emerged as a magnet for affluent buyers, spurred by spillover demand from neighboring Palm Beach. Hannity joins a roster of prominent figures investing in the area, including Oracle co-founder Larry Ellison, who purchased a record-setting $173 million oceanfront estate in 2022. Despite this influx of high-profile buyers, many older properties in the area have been razed in favor of modern, state-of-the-art estates, reflecting evolving tastes in luxury real estate.
Sean Hannity’s latest purchase aligns with his earlier decision to relocate from New York to Florida. Newsmax reported that Hannity now records his Fox News program, Hannity, and his radio show, The Sean Hannity Show, from studios in West Palm Beach. In 2021, Hannity bolstered his presence in Florida with the $5.3 million purchase of a Palm Beach condo. That same year, a fan purchased his waterfront estate in Oyster Bay, New York, for $12.7 million, signaling his departure from the Northeast.
Hannity’s acquisition reflects a broader trend of high-profile individuals investing in Florida real estate. As the Newsmax report said, Manalapan’s appeal lies in its exclusivity, breathtaking ocean views, and proximity to cultural and business hubs such as the tony Palm Beach area. The town’s blend of privacy and luxury makes it an attractive destination for the ultra-wealthy, ensuring its real estate market remains robust.
