Developer sells oceanfront home in Golden Beach for $70M

by Katherine Kallergis

A company managed by spec home developer Ricardo Halfen sold an oceanfront mansion in Golden Beach for $69.5 million in an all-cash deal.  Meridian Coast LLC, a Delaware entity, purchased the newly built 17,500-square-foot estate at 255 Ocean Boulevard, property records show. The seven-bedroom, 12-bathroom house sits on a 0.7-acre lot with a guest house, pool, spa and 100 feet of waterfront.  Douglas Elliman’s Dina Goldentayer had the listing. The property was most recently asking $79.5 million, but it hit the market in February for $88.5 million. It sold at a 20 percent discount off the original asking price. Goldentayer […]

This article originally appeared on The Real Deal. Click here to read the full story.

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