Randy and Nick Draw Large Scale Press Coverage with $20 Million Sale to Phil Swift

Infomercial magnate and Flex Paste creator Phil Swift has completed one of his biggest deals yet: the purchase of a $20 million oceanfront mansion in Gulf Stream, Florida. Swift lived up to his name by making an offer only a few days after the listing hit the market.

Originally priced at $21.95 million, Douglas Elliman agents Devin Kay and Nick Malinosky were surprised the listing sold so quickly since Florida’s sales pace picks up in the winter when homebuyers are looking to escape to warmer climates.

The sale was major news throughout the industry, and widescale press coverage ensued. Below are links to some of the more notable coverage:

Forbes

The Flex Seal Guy Just Scored A $20 Million South Florida Estate

Flex Seal founder Phil Swift sealed a $20 million deal for the most expensive home ever sold in Gulf Stream, Florida. Who’s laughing now?

The Wall Street Journal

WSJ News Exclusive | Phil Swift of Infomercial Fame Buys Florida Home for $20 Million

The man behind products like Flex Seal and Flex Paste bought the Gulf Stream home just a few days after it hit the market.

The Real Deal

Flex Seal Founder Sales the Deal for Gulf Stream Mansion

The founder of the Flex Seal Family of Products, made famous by his infomercials, sealed the deal for an oceanfront mansion in Gulf Stream, near Delray Beach.

Phil Swift paid $20 million for the 1-acre compound at 1275 North Ocean Boulevard, marking a record for residential sales in Gulf Stream.

Mansion Global

Phil Swift of Infomercial Fame Buys Florida Home for $20 Million

The man behind products like Flex Seal and Flex Paste bought the Gulf Stream home just a few days after it hit the market.

Inman

Infomercial magnate Phil Swift buys $20M Florida mansion

Swift made an offer on the mansion days after it hit the market, making it one of Douglas Elliman agents Devin Kay and Nick Malinosky’s quickest sales.

Lux Expose