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Smartphone CEO locks in buyer for $42M oceanfront Golden Beach mansion
Fewer properties went into contract last week compared to the week before
![Berkshire Hathaway's Nelson Gonzalez; 263 Ocean Boulevard (Getty, nelsongonzalez)](https://static.therealdeal.com/wp-content/uploads/2024/08/MIA-Smartphone-CEO-locks-in-buyer-for-42M-waterfront-Golden-Beach-mansion-MAIN-1400x875.jpg)
A buyer answered the call of a cellphone company’s CEO who is selling a $42 million oceanfront mansion in Golden Beach.
The pending sale marks the priciest property to enter into contract last week in Miami-Dade County, according to the Eklund-Gomes report. The report tracks contracts signed for homes and condos priced at $4 million and up. Eight properties went into contract between Aug. 18 and Aug. 24.
The 11,880-square-foot, nine-bedroom house at 263 Ocean Boulevard is on the market with Nelson Gonzalez of Berkshire Hathaway HomeServices EWM Realty. Property records show Samuel Ohev-Zion, CEO of Doral-based cellphone company BLU Products, and his wife, Michelle Bittman, own the half-acre estate. The home was built in 2019 and includes 10 and a half bathrooms, a large terrace with a summer kitchen, a home theater and a rooftop space, according to the listing. It recently underwent a million-dollar makeover.
The Golden Beach house was one of four luxury single-family homes to enter into contract last week, according to the report, authored by the Douglas Elliman team. The combined asking prices for the properties that entered into contract, which also include four condos, totaled $80.5 million.
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The top condo contract is for a unit at Mast Capital and Starwood Capital Group’s Perigon Residences, at 5333 Collins Avenue. A buyer signed a contract for unit 1505 at the project, which is under construction. The unit is asking $7.5 million, according to the listing. Douglas Elliman is leading sales and marketing.
The condos included in the report averaged $6.2 million, or about $2,200 per square foot, and spent about 211 days on the market. The single-family homes that went into contract averaged $14 million, and spent an average of 204 days on the market.
The previous week, buyers signed contracts for 18 properties in Miami-Dade County, asking a combined $164 million.
Last week in New York, buyers signed contracts for 18 homes, according to the latest Olshan report. Their combined asking price was almost $264 million, and the typical home spent 803 days on the market. Eklund-Gomes’ reports are modeled after Donna Olshan’s report that tracks new deals in Manhattan.
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