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Lydia Eskenazi & Jonathan Bigelman Of One Sotheby's International Realty Place 387 Ocean Boulevard Under Contract For $39M

Property Image
SOLD
$39,000,000
Jonathan Bigelman
Lydia Eskenazi

Florida

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Single Family11,600 SF
Sold 02/23/2026
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Property Image
SOLD

Lydia Eskenazi & Jonathan Bigelman Of One Sotheby's International Realty Place 387 Ocean Boulevard Under Contract For $39M

387 Ocean Boulevard

See Similar Deals
Single Family11,600 SF
Sold 02/23/2026
Jonathan Bigelman
Lydia Eskenazi
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$3,362
Total Square Footage:11,600 SF
Transaction Type:Sale

The property located at 387 Ocean Boulevard in Golden Beach is a beachfront mansion listed for $39,000,000. This single-family residence features six bedrooms and ten bathrooms, encompassing a total of 11,600 square feet, with a price per square foot of $3,362. The asset went under contract after approximately 167 days on the market.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $39,000,000
  • Address: 387 Ocean Boulevard
  • Market: Golden Beach
  • Square Footage: 11,600
  • Price Per Square Foot: $3,362

The transaction was represented by brokers Lydia Eskenazi and Jonathan Bigelman of One Sotheby's International Realty, who facilitated the deal. Their involvement illustrates the expertise and service of the agency in high-value real estate transactions.

Players

Lydia Eskenazi
Sotheby's International Realty
Lydia Eskenazi
24 deals$218.2M volume
BROKER
Jonathan Bigelman
Sotheby's International Realty
Jonathan Bigelman
19 deals$212.5M volume(786) 246-2068
BROKER

Details

SOLD
IMAGE: - UNDER CONTRACT IMAGE: Lydia Eskenazi & Jonathan Bigelman DATE: 02/23/2026 ADDRESS: 387 Ocean Boulevard MARKET: Golden Beach ASSET TYPE: Single Family BROKERS: Lydia Eskenazi (@LydiaEskenazi) & Jonathan Bigelman (@Miami.Broker) - One Sotheby's International Realty (@OneSIR) PRICE: $39,000,000 SF: 11,600 ~ PPSF: $3,362 NOTE: The beachfront mansion at 387 Ocean Boulevard in Golden Beach, listed for $39M, went under contract after spending about 167 days on the market.The six-bedroom, 10-bathroom, 11,600-square-foot property was listed by brokers Lydia Eskenazi and Jonathan Bigelman of One Sotheby’s International Realty.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$2,080,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$138,558.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$184,879.90
Annual Debt Service$2,218,558.76