Max Farbstein & Ryan Farbstein Represent Buyer In $9.4M Development Site Sale At Golden Beach
SOLD
$9,400,000
Florida
See Similar DealsDevelopment Site
Sold
SOLD
Max Farbstein & Ryan Farbstein Represent Buyer In $9.4M Development Site Sale At Golden Beach
416 Golden Beach Drive
See Similar DealsDevelopment Site
Sold
Summary
FLORIDA
Asset Type:Development Site
Transaction Type:Sale
The property asset involved in the transaction is a development site located at 416 Golden Beach Drive in the Golden Beach market. The sale price for this property was $9,400,000, with a building square footage (BSF) of 21,875 and a price per building square foot (PPBSF) of $430.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $9,400,000
- Address: 416 Golden Beach Drive
- Market: Golden Beach
- BSF: 21,875
- PPBSF: $430
The deal involved representatives Max Farbstein and Ryan Farbstein, who acted officially in the transaction, providing services in facilitating the sale without being buyers or sellers themselves in the deal.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Similar News
No recent news available for this market
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Listings
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$501,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$33,396.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$44,560.80
Annual Debt Service$534,729.55
Is there something missing? Send suggestions