Updated Dec 21, 2023
Lorena Zuccolillo Sells Development Site In Golden Beach For $10.7M
255 Ocean Boulevard, Golden Beach, FL, USA
$10,656,000
$11,620/SF
Building Size
917 SF
Asset Type
Development Site
Closing
Mar 29, 2021
About this deal
AI
255 Ocean Boulevard in Golden Beach has been sold for $10,656,000. The property is a development site with a building square footage (BSF) of 28,400. Lorena Zuccolillo was the seller in this transaction.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $10,656,000
- Address: 255 Ocean Boulevard, Golden Beach
- Market: Golden Beach
- BSF: 28,400
The transaction was facilitated by Alan Eskenazi from Miles Goldstein Real Estate, representing the seller, Lorena Zuccolillo. The property was listed by Alan Eskenazi.
Golden Beach Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.49%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93