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

Property Image
SOLD
$6,310,000
Jonathan (Jon) Mann
Alan Chocron
Lydia Eskenazi

Florida

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Single Family Residence6,000 SF
Sold 06/29/2022
the dealplayerscompscontact
Property Image
SOLD

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

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

See Similar Deals
Single Family Residence6,000 SF
Sold 06/29/2022
Jonathan (Jon) Mann
Alan Chocron
Lydia Eskenazi
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,051
Total Square Footage:6,000 SF
Transaction Type:Sale

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
Alan Chocron
20 deals$104.5M volume
BROKER
Jonathan (Jon) Mann
Coldwell Banker
Jonathan Mann
22 deals$348.6M volume
BROKER
Lydia Eskenazi
Sotheby's International Realty
Lydia Eskenazi
24 deals$218.2M volume
BROKER

Details

SOLD
IMAGE: Alan Chocron, Lydia Eskenazi & Jon Mann DATE: 06/29/2022 ADDRESS: 296 Ocean Blvd MARKET: Golden Beach ASSET TYPE: SFR BROKERS: Alan Chocron (@Alan_Chocron) - Compass Florida LLC (@CompassFl); Jon Mann (@JonMannRealtor) - Coldwell Banker Realty (@ColdwellBanker); Lydia Eskenazi (@LydiaEskenazi) - One Sotheby's Realty (@ONESIR) SALE PRICE: $6,310,000 SF: 6,000 ~ PPSF: $1,052

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$336,533.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$22,418.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$29,912.62
Annual Debt Service$358,951.43