facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Single Family Residence

/

Sale

/

547 Ocean Boulevard, Golden...

Miles Goldstein Real Estate Facilitates $17.5M Sale Of Golden Beach Single Family Property
SOLDSingle Family Residence

Miles Goldstein Real Estate Facilitates $17.5M Sale Of Golden Beach Single Family Property

547 Ocean Boulevard, Golden Beach, FL 33160, USA

$17,500,000

$2,885/SF

Building Size

6,064 SF

Asset Type

Single Family Residence

Closing

Mar 23, 2021

AI

A single family home located at 547 Ocean Blvd in Golden Beach was recently sold. The property spans over 6,064 square feet and was sold for a price of $17,500,000. The sale took place on March 24, 2021. The asking price for the property was $17,500,500, indicating that it sold at almost the full asking price. The price per square foot (PPSF) for the property was approximately $2,886.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $17,500,000
  • Address: 547 Ocean Blvd, Golden Beach
  • Date: March 24, 2021
  • Asking Price: $17,500,500
  • Square Footage: 6,064 SF
  • Price Per Square Foot: $2,886

The transaction was facilitated by Alexander Goldstein from Miles Goldstein Real Estate, along with Austin Baris. Alexander Goldstein and Austin Baris represented the buyers in this deal.

Players

Alexander Goldstein

Miles Goldstein Real Estate

Broker

$281.6M

vol

26 deals

Broker

Golden Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.91%

Cash-on-Cash

-0.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93