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125 Ocean Blvd, Golden Beac...

Jill Hertzberg Of Coldwell Banker Represents Sale Of SFR On Golden Beach For $7.2M
SOLDSingle Family Residence

Jill Hertzberg Of Coldwell Banker Represents Sale Of SFR On Golden Beach For $7.2M

125 Ocean Blvd, Golden Beach, FL 33160, USA

$7,200,000

$134/SF

Building Size

53,730 SF

Asset Type

Single Family Residence

Closing

Jun 25, 2020

AI

125 Ocean Boulevard in Golden Beach has recently been sold in a closed transaction. This single-family residential property spans across 5,373 square feet and was sold for a price of $7,200,000, which translates to a price per square foot of $1,340. The property is located in the desirable market of Golden Beach.

Summary of transation details

  • Property Type: SFR
  • Transaction Amount: $7,200,000
  • Square Footage: 5,373
  • Price per Square Foot: $1,340
  • Address: 125 Ocean Boulevard
  • Market: Golden Beach

The buyer of the property is David R. & Lorena Rodriguez, who represent Amicus Medical Group. On the other side of the transaction, the seller is Jack & Rita Barouh. The deal was facilitated by Jill Hertzberg of Coldwell Banker, who acted as the broker in this transaction.

Players

Jill Hertzberg

Coldwell Banker

Broker

$2.4B

vol

91 deals

Broker

David R. Rodriguez

Buyer

$62.6M

vol

4 deals

Buyer

Golden Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.20%

Cash-on-Cash

-0.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93