A Highland Beach mansion with 23,625 square feet of living space on nearly 2 acres of beachfront land located at 2455 South Ocean Boulevard was recently sold for $50 million in a record-breaking deal. The property, designed by Madey Architects and built by Mark Timothy Luxury Homes, boasts a price per square foot of $2,116. The seller, Samantha & Steve J. Buchanan, entrusted the sale of this breathtaking estate to Jonathan Postma of Coldwell Banker.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $50,000,000
• Market: Highland Beach
• Price per Square Foot: $2,116
• Address: 2455 South Ocean Boulevard
• Seller: Samantha & Steve J. Buchanan
• Broker: Jonathan Postma - Coldwell Banker
• Buyer: Delaware-registered LLC
• Architect: Madey Architects
• Builder: Mark Timothy Luxury Homes

The sale of the mansion set a new record for Highland Beach, surpassing the previous town record of $40 million from 2022. The seller, Nebraska entrepreneur Steve Buchanan, achieved this remarkable transaction with a buyer represented by a Delaware-registered LLC. This deal underscores the desirability and value of premium beachfront properties in the Highland Beach market.