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436 Ocean Boulevard, Golden...

Ghislaine & Scott Collins Acquire Single Family Home In Golden Beach For $25M
SOLDSingle Family Residence

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

Inga Boutboul

Sotheby's International Realty

Broker

$54.1M

vol

6 deals

Broker

Scott C. Collins

Buyer

$27.1M

vol

2 deals

Buyer

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