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Manalapan is a small slip of a town in South Florida with just over 400 year-round residents, around 70 lots, and not much else. Most people, even some who live in nearby Miami, have never heard of it. But among those in the know—including Billy Joel and Tony Robbins—interest in moving to Manalapan has skyrocketed since the COVID-19 pandemic, local realtors and residents say. Unlike those moving to other parts of Florida, though, new Manalapan residents are much more likely to be billionaires, thanks to the town’s expansive oceanfront estates, relative privacy, and outsized listing prices. Estates are currently listed for up to $80 million with a median price of $16.8 million, but the typical home value was around $4.3 million in April, according to Zillow, making Manalapan one of the most expensive places to live in the country. Read more: https://lnkd.in/eQG-GeN7

$80 million mansions, oceanfront views, and secret tunnels to the beach: Inside one of America’s most expensive zip codes

$80 million mansions, oceanfront views, and secret tunnels to the beach: Inside one of America’s most expensive zip codes

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