Updated Sep 29, 2026
Meridian Coast LLC Acquires Oceanfront Mansion In Golden Beach From Ricardo Halfen For $69.5M
255 Ocean Boulevard
$69,500,000
$3,971/SF
Building Size
17,500 SF
Asset Type
Single Family
Closing
Sep 29, 2026
About this deal
AI
A company managed by spec home developer Ricardo Halfen sold a newly built oceanfront mansion at 255 Ocean Boulevard in Golden Beach, FL. The property spans 17,500 square feet and is situated on 0.7 acres with 100 feet of waterfront, featuring seven bedrooms along with a guest house, pool, and spa. The sale was finalized for $69.5 million in an all-cash transaction after the property was listed for $79.5 million.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $69,500,000
- Address: 255 Ocean Boulevard
- Market: Golden Beach, FL
- Square Footage: 17,500
- Price per Square Foot: $3,971
- Buyer: Meridian Coast LLC
- Seller: Ricardo Halfen - Trio Construction
- Seller's Representative: Dina Goldentayer - Douglas Elliman
- Acres: 0.7
This transaction involved key individuals, including the buyer Meridian Coast LLC, which purchased the estate from Ricardo Halfen, who is associated with Trio Construction. Dina Goldentayer from Douglas Elliman represented the seller in this deal.
On the Map
$69,500,000
$3,971/SF
Single Family
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Boulevard Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.23%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93