Updated Dec 21, 2023
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
About this deal
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.
On the Map
$17,500,000
$2,885/SF
Single Family Residence
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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
0.91%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93