High-End Real Estate: Billionaire Ben Ashkenazy Sells Oceanfront Lot in Golden Beach for $29 Million After Four Years on Market

Ashkenazy’s Golden Beach Owners LLC recently completed an off-market transaction, selling the property at 401 Ocean Boulevard to David and Lorena Rodriguez.

David Rodriguez holds the position of president at Amicus Medical Group, which operates primary care centers across South Florida. In a noteworthy development, Conviva Care Centers acquired Amicus in August of the prior year, though the financial details remain undisclosed. The Rodriguez couple also made significant real estate acquisitions, purchasing a condominium at Château Beach Residences in Sunny Isles Beach for $13 million in January of the same year. Furthermore, they acquired an oceanfront residence in Golden Beach for $7.2 million in 2020, both of which they still own.

Ashkenazy, the billionaire founder, CEO, and majority owner of New York-based Ashkenazy Acquisition Corp, has faced challenges in recent years to retain control of his substantial $12 billion portfolio. Forbes reports that his net worth has declined from its peak of $4 billion in 2019 to $2.6 billion. Recently, the Gindi family added fresh allegations to their ongoing three-year legal dispute with Ashkenazy, seeking to impose sanctions on their former investment partner.

In Miami, Ashkenazy Acquisitions holds ownership of Bayside Marketplace located at 401 Biscayne Boulevard.

Records indicate that Ashkenazy acquired the Golden Beach property for $6 million in 2011. He subsequently demolished the existing residence and engaged architect Chad Oppenheim to craft an impressive 18,000-square-foot mansion. The property, along with approved plans, was listed in 2019. At the time, Oren Alexander and Isaac Lustgarten, formerly of Douglas Elliman and now with Alexander’s Side-backed brokerage Official, were the listing agents. A reliable source confirms that Alexander represented Ashkenazy in this transaction.

According to Redfin, the lot experienced multiple listings and removals until its final withdrawal from the Multiple Listing Service in October of the prior year. County records indicate that in March, Ashkenazy filed a notice of commencement to initiate construction on a new home, to be overseen by the Alexander Group, led by Oren Alexander’s father, Shlomy Alexander. However, construction came to an abrupt halt as evidenced by the termination of the contract on Wednesday, as per Miami-Dade County records.

In recent notable sales within Golden Beach, mortgage executive Michael Rappaport sold his waterfront residence for $19.6 million in June. In March, Jill Fischer, wife of financier Brett Fischer, acquired a renovated waterfront property for $8.2 million. Additionally, private equity executive Scott Collins purchased a non-waterfront spec mansion for $25 million in August of the prior year.

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