Boca Raton Real Estate Soars: British Matalan Family Sells Two Mansions for Nearly $23.5 Million
The luxury real estate market in Boca Raton has witnessed another high-profile sale, as a British family behind the Matalan retail empire recently sold two stunning mansions along the Intracoastal Waterway for a combined total of $23.47 million. This significant transaction underscores the continued allure of Boca Raton real estate among affluent buyers, with the homes’ appreciation rates reflecting the growing demand for waterfront properties in South Florida.
The sale, which includes two neighboring estates, marks a milestone in the area’s upscale market. The larger of the two homes, an 8,222-square-foot mansion, sold for a remarkable $19.03 million, while the smaller one fetched $4.44 million. Both properties, though distinct in size, have seen…
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