Mark T. Pulte is offering a to-be-built seven-bedroom, 7.5-bath home at 1788 Royal Palm Way in Boca Raton for $13.995 million.

Pulte paid $5.3 million for the property in July 2006. The 10,534-square-foot lot is located in the Royal Palm Yacht & Country Club.

Joseph G. Liguori is the listing agent for the property.

Pulte is the founder of Mark Timothy, Inc. Luxury Homes, a luxury custom home builder. He is the son of the founder of Pulte Homes Corp., and a native of Bloomfield Hills, Mich.

He attended the University of Notre Dame.

There were 1,367 home sales in Boca Raton in 2008, with a median sales price of $325,000.

Address: 1788 Royal Palm Way
Buyer(s): Mark T Pulte (Trustee) and Mark T Pulte (Living Trust)
Seller(s): Carmine E Guastafeste and Rosina Guastafeste
Sale date: Jul. 31, 2006