Eugene Nonka, the co-founder of MediaAlpha, and his wife dropped a record $51.1 million on an oceanfront Delray Beach estate.
Records show Eugene and Olga Nonka’s Pietra Land Trust bought the mansion at 2325 South Ocean Boulevard from eyecare mogul Massimo Musa. It is the most expensive home ever sold in Delray Beach.
Jonathan Postma with Coldwell Banker Realty represented both the buyer and the seller.
Eugene Nonka is chief architect and co-founder of Los Angeles-based MediaAlpha, a tech platform for targeted marketing. The company was founded in 2011 and had its initial public offering in 2020. It has a current market cap of $709 million, according to published reports.
Musa is the co-founder of several eyecare brands, including My Eyelab, Eyeglass World, Stanton Optical and the Lasik Vision Institute.
He bought the 1.5-acre oceanfront estate for $9 million in 2002, according to property records. He built the 17,000-plus-square-foot mansion in 2008, and it has nine bedrooms, 10 bathrooms, four half-bathrooms and a pool, according to property records. The estate, known as Mar Pietra, was designed by Randall Stofft Architects and interior designer Martyn Lawrence Bullard and has a 13-car garage, two-story library and a theater, according to a website for the home. The estate also includes a three-bedroom guest house with three bathrooms and one half-bathroom, a previous listing shows.
Musa has listed the mansion for $60 million on-and-off since 2021, according to Zillow. He listed it for that price in March of last year, before de-listing the estate in September.
The sale price marks a record for Delray Beach. In January, members of the Cafaro real estate family bought a spec mansion in Stone Creek Ranch, a gated community in unincorporated Palm Beach County near Delray Beach for $50.5 million. Last year, Steve Buchanan, the former owner of Buchanan Energy and Bucky’s Convenience Stores, sold his nearby Highland Beach mansion for a record $50 million.
Other recent Delray Beach deals include digital marketing mogul Jeffrey Herzog’s $23.5 million sale of his mansion in an off-market deal in May. That same month, billionaire Quogue Capital founder Wayne Rothbaum sold an oceanfront lot for $22 million.
