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

Property Image
SOLD
$25,000,000
Lisa Van Wagenen

Florida

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Single Family Residence13,200 SF
Sold 08/25/2022
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Property Image
SOLD

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

436 Ocean Boulevard, Golden Beach, Florida 33160, United States

See Similar Deals
Single Family Residence13,200 SF
Sold 08/25/2022
Lisa Van Wagenen
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,893
Total Square Footage:13,200 SF
Transaction Type:Sale

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
6 deals$54.1M volume
BROKER

Lisa Van Wagenen
Brown Harris Stevens
6 deals$49.8M volume
BROKER

Details

SOLD
IMAGE: Scott C. Collins DATE: 08/25/2022 ADDRESS: 436 Ocean Boulevard MARKET: Golden Beach ASSET TYPE: Single Family BUYER: Ghislaine Collins; Scott C. Collins (@Scott.C.Collins) - Summit Partners SELLER: DM Golden Beach LLC - Dmitriy V. Mashchenko BUYER'S REP: Lisa Van Wagenen (@LisavMiami) - Brown Harris Stevens Miami (@BrownHarrisStevens) SELLER'S REP: Inga Boutboul (@IngaMiami) - One Sotheby’s International Realty (@ONESIR) SALE PRICE: $25,000,000 SF: 13,200 ~ PPSF: $1,894

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Deal Type
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$88,819.73
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