Lydia Eskenazi & Jonathan Bigelman Of One Sotheby's International Realty Place 387 Ocean Boulevard Under Contract For $39M
387 Ocean Boulevard
$39,000,000
$3,362/SF
Building Size
11,600 SF
Asset Type
Single Family
Closing
Feb 23, 2026
AI
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
Golden Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.41%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93