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March 19, 2026
"South Florida’s top deals: Delray Beach mansion sells for $19M"
March 19, 2026
"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 and a half bathrooms and a pool. Nick Malinosky with Douglas Elliman had the listing, and Amy Lynn Mccabe with Serhant brought the buyers."