Medical magnate-turned-spec developer drops $24M on Golden Beach tract

A waterfront residential parcel in Golden Beach sold for $24 million, representing one of the few remaining available oceanfront properties of its size in the ultra-luxury enclave.  An entity led by Amicus Medical Group president David Rodriguez, bought the 0.6-acre lot at 625 Ocean Boulevard and financed the deal with a mortgage from New Wave Loans, led by Managing Partner Mark Feldman. The deal worked out to about $860 per square foot.  Alan Eskenazi of Miles Goldstein Real Estate LLC represented the buyer. He said Rodriguez plans to build a spec home on the site, which includes 100 feet of […]

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