David B. MacNeil, founder of WeatherTech, sold his impressive Fort Lauderdale mansion in October 2023 for $40 million to Jack Owoc, the former CEO of Bang Energy, and his wife, Meg Liz Owoc. This oceanfront property spans over 12,667 square feet and is situated on 100 feet of beachfront. The estate, located in the prestigious North Atlantic Boulevard area of Fort Lauderdale, includes seven bedrooms and seven bathrooms, providing the ultimate in luxury living.
However, only months after purchasing the property, Jack Owoc has relisted the mansion for an asking price of $47.5 million. The property is currently available for sale, reflecting Owoc’s decision to seek a return on his investment amid a rising luxury real estate market in Fort Lauderdale.
A Modern Oceanfront Masterpiece
The property, built by Bomar Builders and completed in 2023, features spectacular design elements that maximize its beachfront location. With floor-to-ceiling windows throughout, the home offers unobstructed views of the Atlantic Ocean. The first level includes a grand entertaining space, complete with soaring ceilings, a chef’s kitchen equipped with SubZero and Miele appliances, and a hidden housekeeper’s office for added convenience.
Upstairs, the primary suite provides breathtaking views of the ocean, with a private balcony to enjoy the coastal scenery. Guest suites on the third floor offer similar luxury, including an AM bar for morning relaxation.
Resort-Style Amenities
The mansion’s outdoor spaces offer a resort-like atmosphere, including an infinity-edge pool that blends seamlessly with the ocean views. The rooftop deck provides the ideal space for entertaining, and a screened-in summer kitchen allows for outdoor dining, no matter the season. The property also includes a cabana bath and outdoor shower, embodying the best of Florida beachfront living.
Real Estate Market Impact
The listing of this mansion for $47.5 million comes at a time when Fort Lauderdale’s high-end real estate market continues to attract ultra-wealthy buyers seeking privacy, luxury, and oceanfront access. According to sources such as The Real Deal, this home sets the standard for modern, beachfront properties in the region. The previous sale from MacNeil to Owoc at $40 million was already a significant transaction, and the relisting further underscores the high demand for premium properties in South Florida.
A Quick Turnaround Sale
Owoc’s decision to sell the property so soon after acquiring it reflects the current volatility and opportunity in South Florida’s luxury real estate market. While it remains unclear whether Owoc is selling for personal or financial reasons, the asking price increase suggests confidence in the continued rise of property values in this exclusive beachfront enclave.
