The Real Deal Miami

Highland Beach home trades for $11M

Nebraska company is the buyer of nearly 14,000-square-foot oceanfront manse
By Eric Kalis | June 13, 2014 11:15AM

2363 South Ocean Boulevard

2363 South Ocean Boulevard

A Highland Beach mansion changed hands for $11 million, The Real Deal has learned.

Kathleen Maldonado, acting as trustee of the NOYB Trust, sold the 2363 South Ocean Boulevard residence in a transaction recorded on Thursday, according to Palm Beach County records. The trust paid $6 million for the property in March 2002. A nearly 14,000-square-foot, six-bedroom mansion was constructed three years later.

Bendin Financial of Omaha, Neb. is the buyer. The company is registered in Delaware, which does not identify principals in its state corporate records. No financing was recorded.

The property includes a three-car garage, a swimming pool, 900-square-foot patio and direct ocean access. The Corcoran Group’s Nicholas Malinosky listed the mansion for sale. West Real Estate represented the buyer.