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407 Ocean Blvd, Golden Beac...

Golden Beach SFR Sold For $8.2M From Seller Meir Elfassy And Brokers Brigitte Lina & Danielle Elfassy
SOLDSingle Family Residence

Golden Beach SFR Sold For $8.2M From Seller Meir Elfassy And Brokers Brigitte Lina & Danielle Elfassy

407 Ocean Blvd, Golden Beach, FL, USA

$8,200,000

$1,677/SF

Building Size

4,887 SF

Asset Type

Single Family Residence

Closing

Aug 6, 2021

AI

A single-family residential property located at 407 Ocean Blvd in Golden Beach was sold in a closed transaction. The property features a lot size of 14,000 square feet. The sale took place on 08/06/2021 and the property was sold for the asking price of $8,200,000.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $8,200,000
  • Address: 407 Ocean Blvd, Golden Beach
  • Market: Golden Beach

The seller of the property was Meir Elfassy. The transaction was facilitated by the brokers Brigitte Lina and Danielle Elfassy from an undisclosed agency.

Players

Danielle Elfassy

Broker

$13.9M

vol

2 deals

Broker

Meir Elfassy

Seller

$15.9M

vol

3 deals

Seller

Golden 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

1.93%

Cash-on-Cash

-0.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93