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373 Centre Island, Golden B...

Updated Jan 30, 2024

David M Lazarus TRS Acquires 10,800 SF SFR In Golden Beach For $10.1M
SOLDSingle Family Residence

David M Lazarus TRS Acquires 10,800 SF SFR In Golden Beach For $10.1M

373 Centre Island, Golden Beach, FL 33160, USA

$10,118,000

$936/SF

Building Size

10,800 SF

Asset Type

Single Family Residence

Closing

Apr 5, 2020

About this deal

AI

The recently closed property transaction in Golden Beach involved the sale of a single-family residence located at 373 Center Island. The property spans approximately 10,800 square feet and was sold for a price of $10,118,000. With a price per square foot of $937, this transaction showcases the value and appeal of this luxurious home.

Summary of transaction details

  • Property Type: Single-Family Residence
  • Transaction Amount: $10,118,000
  • Address: 373 Center Island, Golden Beach
  • Market: Golden Beach
  • Buyer: David M Lazarus TRS, 373 Center Island Land TR, Jeffrey M Perlow TRS
  • Brokers: Alexander Goldstein (Miles Goldstein Real Estate) and Alan Eskenazi (Miles Goldstein Real Estate)

Represented by Alexander Goldstein and Alan Eskenazi of Miles Goldstein Real Estate, the buyers successfully acquired this impressive property. Their expertise and negotiation skills played a crucial role in finalizing the deal. It's evident that the buyers recognized the value in this highly sought-after property, as the sale price of $10,118,000 reflects a significant investment in this exclusive Golden Beach location.

Players

Alexander Goldstein

Miles Goldstein Real Estate

Broker

$291.5M

vol

27 deals

Broker

North Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $936 per square foot on a published $10.1M for 10,800 square feet (2020).

Visit Alexander Goldstein to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.57%

Cash-on-Cash

-0.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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