Updated Jan 30, 2024
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
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
1.57%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93