South Florida’s top deals: Delray Beach mansion sells for $19M

🏆 Residential: The priciest home sale in South Florida was in Delray Beach, where Edward Farscht, CEO of wireless communications infrastructure firm Diamond Communications, and his wife, Lynn Jaeger, parted with a home at 733 North Ocean Boulevard for $19.2 million. The buyer was a trust tied to Maurice and Christina Sciammas. Maurice Sciammas is an executive at Monolithic Power Systems. The Farschts paid $14.3 million for the home in 2021 then put it up for sale in November with an asking price of $21.9 million. Dating to 1992, it spans roughly 6,400 square feet and has seven bedrooms, six […]

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