Ghislaine & Scott Collins Acquire Single Family Home In Golden Beach For $25M
436 Ocean Boulevard, Golden Beach, Florida 33160, United States
$25,000,000
$1,893/SF
Building Size
13,200 SF
Asset Type
Single Family Residence
Closing
Aug 24, 2022
AI
Located in Golden Beach, the single-family property at 436 Ocean Boulevard recently changed hands in a closed transaction. The property spans 13,200 square feet and was sold for a price of $25,000,000, resulting in a price per square foot of $1,894. The sale took place on August 25, 2022.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $25,000,000
- Address: 436 Ocean Boulevard, Golden Beach
- Market: Golden Beach
Ghislaine Collins and Scott C. Collins from Summit Partners acquired the property. They were represented by Lisa Van Wagenen from Brown Harris Stevens Miami. The seller, DM Golden Beach LLC, was represented by Inga Boutboul from One Sotheby's International Realty. The buyer's representatives, Lisa Van Wagenen and Summit Partners, facilitated the purchase.
Players
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
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93