Updated Dec 21, 2023
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
About this deal
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.
On the Map
$8,200,000
$1,677/SF
Single Family Residence
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Players
Golden Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.7K per square foot on a published $8.2M for 4,887 square feet (2021).
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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