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288 S Parkway

Nathanel Amir Represents Buyer In $16.5M Sale Of Single Family Home In Golden Beach
SOLDSingle Family Residence

Nathanel Amir Represents Buyer In $16.5M Sale Of Single Family Home In Golden Beach

288 S Parkway

$16,500,000

$3,388/SF

Building Size

4,869 SF

Asset Type

Single Family Residence

Closing

Jan 29, 2025

AI

The property involved in this transaction is a single-family home located at 288 South Parkway in the Golden Beach market. The sale price was $16,500,000, with a total square footage of 4,869, resulting in a price per square foot of $3,388.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $16,500,000
  • Square Footage: 4,869
  • Price per Square Foot: $3,388
  • Address: 288 South Parkway
  • Market: Golden Beach
  • Buyer’s Representative: Nathanel Amir
  • Seller’s Representatives: Jonathan Mann & Jill Hertzberg - Coldwell Banker
  • Lot Size: Combined spanning 27,150 Sqft
  • Water Frontage: Roughly 130 ft

Nathanel Amir, representing the buyer, collaborated closely with the seller's representatives, Jonathan Mann and Jill Hertzberg of Coldwell Banker, to finalize the sale of this property situated on a highly desirable double lot. This location offers views of the open bay and the Sunny Isles Beach skyline, enhancing its appeal within one of South Florida's most exclusive neighborhoods.

Players

Jill Hertzberg

Coldwell Banker

Broker

$2.4B

vol

92 deals

Broker

North Miami 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

0.96%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93