David R. Rodriguez Acquires Oceanfront Home In Golden Beach For $24 Million With New Wave Loans

625 Ocean Boulevard

$24,000,000

$3,564/SF

Building Size

6,734 SF

Asset Type

Single Family

Closing

Jul 27, 2026

AI

The property asset involved in this transaction is a single-family home located at 625 Ocean Boulevard in Golden Beach, FL. The sale price for this property was $24,000,000. The asset encompasses an area of 0.64 acres and features a total square footage of 6,734, with a price per square foot of $3,564.

Summary of transaction details:

Property Type: Single Family
Transaction Amount: $24,000,000
Address: 625 Ocean Boulevard
Market: Golden Beach, FL
Acres: 0.64
Square Footage: 6,734
Price per Square Foot: $3,564
Buyer: David R. Rodriguez
Buyer’s Representative: Alan Eskenazi - Miles Goldstein Real Estate
Seller’s Representative: Keely Burton - Keys Properties
Lender: New Wave Loans

An LLC managed by David R. Rodriguez acquired the oceanfront home from the estate of Sydell Herrick. New Wave Loans provided a $14 million acquisition loan for this deal. The buyer intends to demolish the existing home and redevelop the property into a speculative luxury mansion.

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