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296 Ocean Boulevard, Golden...

Alan Chocron, Lydia Eskenazi & Jon Mann Sell Golden Beach SFR For $6.31M
SOLDSingle Family Residence

Alan Chocron, Lydia Eskenazi & Jon Mann Sell Golden Beach SFR For $6.31M

296 Ocean Boulevard, Golden Beach, Florida 33160, United States

$6,310,000

$1,051/SF

Building Size

6,000 SF

Asset Type

Single Family Residence

Closing

Jun 28, 2022

AI

Located in the desirable market of Golden Beach, the single-family residence at 296 Ocean Blvd has recently been sold. The property, spanning 6,000 square feet, was sold for a total of $6,310,000. With a price per square foot of $1,052, this transaction showcases the value of this SFR (Single Family Residence) in the Golden Beach market.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $6,310,000
  • Address: 296 Ocean Blvd
  • Market: Golden Beach

Represented by Alan Chocron of Compass Florida LLC, Jon Mann of Coldwell Banker Realty, and Lydia Eskenazi of One Sotheby's Realty, the successful sale of this property involved a team of experienced brokers. Their expertise and negotiation skills contributed to the completion of this transaction, providing a seamless experience for the buyer and seller.

Players

Alan Chocron

Compass

Broker

$104.5M

vol

20 deals

Broker

Golden Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.51%

Cash-on-Cash

-0.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93