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429 Center Island Road, Gol...

Updated Mar 13, 2025

Elizabeth Dascal Acquires SFR In Golden Beach From Alexander Galsky For $8.1M
SOLDSingle Family Residence

Elizabeth Dascal Acquires SFR In Golden Beach From Alexander Galsky For $8.1M

429 Center Island Road, Golden Beach, Fl, Usa

$8,118,700

$737/SF

Building Size

11,013 SF

Asset Type

Single Family Residence

Closing

Dec 17, 2020

About this deal

AI

Located in the picturesque neighborhood of Golden Beach, this single-family residential property at 429 Center Island Drive has recently been sold. The sale was finalized on December 18, 2020, with the transaction price recorded at $8,118,700. Spanning an impressive 11,013 square feet, this property offers a spacious living area for its new owners. With a price per square foot of $737, this exquisite home presents a remarkable investment opportunity in the Golden Beach market.

Summary of transaction details

  • Property Type: Single-Family Residential (SFR)
  • Transaction Amount: $8,118,700
  • Address: 429 Center Island Drive
  • Market: Golden Beach

The buyer of this property is Elizabeth Dascal, who was represented by Vladimir Spector from NAI Friedland. On the other hand, the seller, Alexander Galsky, successfully closed this deal. The skilled brokers who facilitated this transaction were Jill Hertzberg from Coldwell Banker and Janette Zafrani from Elite International Realty. Their expertise and industry knowledge ensured a smooth and successful negotiation process.

This sale presents an incredible opportunity for the new owner to enjoy all the luxuries and amenities that Golden Beach has to offer. With its prime location and stunning design, this property is truly a gem in the market. Congratulations to all parties involved in this successful transaction!

Players

Jill Hertzberg

Coldwell Banker

Broker

$2.4B

vol

93 deals

Broker

North Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

Elizabeth Dascal bought a home in North Miami Beach for $8.1M in 2020. The full closing is on this page.

About $737 per square foot on a published $8.1M for 11,013 square feet (2020).

Visit Eli Eskenazi to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.95%

Cash-on-Cash

-0.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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