Dirk Ulrich Purchases Oceanfront Jupiter Residence for M

Dirk Ulrich Purchases Oceanfront Jupiter Residence for $15M


22 Ocean Travel, Jupiter and German songs producer Dirk Ulrich (Google Maps, Plugin Alliance)

A German tunes producer and his spouse purchased an oceanfront house in Jupiter for $15 million, their 3rd acquisition in the space.

Data exhibit Dirk and Marina Ulrich purchased the household at 22 Ocean Push from Robert Weed and his spouse, Maria De Los Angeles Lopez.

Dirk Ulrich is a German-born audio producer who has worked with the likes of Toto and Michael Jackson. He is also president and CEO of two businesses, Germany-based mostly creation firm Brainworx and California-primarily based Plugin Alliance.

Rob Thomson of Waterfront Houses & Club Communities represented the buyers, and Andrew Russo of Illustrated Houses had the listing.

Weed and Lopez purchased the virtually .5-acre oceanfront house for $12.6 million in January, and flipped it for a $2.4 million revenue in 10 months, records present.

The 6,200-sq.-foot, five-bedroom, five-complete-lavatory home was developed in 2011, according to documents. It has an elevator and a newly renovated kitchen, the listing displays.

Coronado, Calif.-primarily based Weed and Lopez individual three other properties in Palm Seaside County, totaling $10.2 million in household authentic estate investments, information clearly show. They also bought two boat slips in local marinas for a mixed $490,000.

Records exhibit the Ulrichs also very own two other homes in Palm Beach front County, together with the dwelling at 708 Ocean Travel in Juno Beach front, which they acquired for $8 million in March. With the addition of their waterfront house at 386 Eagle Drive in Jupiter, their community portfolio now totals $26.9 million in buys more than the very last two many years.

Property values in Jupiter and the rest of northern Palm Seaside County have been on the rise since the pandemic, spurred by an influx of potential buyers from the Northeast and West Coast of the U.S.. After achieving a fever pitch very last wintertime, the current market has cooled, but pricing remains powerful.

PGA winner Justin Thomas acquired a waterfront spec mansion in the region for $13.5 million this month. Frank Seminara, a retired pitcher for the Padres and Mets, marketed his waterfront Jupiter dwelling for just below $10.9 million, shifting to a waterfront Palm Beach front Gardens dwelling he acquired for $5.8 million in Oct.



Supply connection