Updated Oct 28, 2024
Blaise Matuidi Acquires Single Family Home On 560 Ocean Blvd In Golden Beach For $3M
560 Ocean Boulevard, Golden Beach, FL 33160, USA
$3,000,000
$585/SF
Building Size
5,128 SF
Asset Type
Single Family Residence
Closing
May 19, 2020
About this deal
AI
A single-family property located at 560 Ocean Blvd in Golden Beach was recently sold. The transaction took place on May 19, 2021. The property spans 5,128 square feet and has a sale price of $3,000,000, resulting in a price per square foot of $585. The seller, Gus Goldsmith/GP Enterprises, sold the property to buyers Blaise Matuidi and Isabelle Helene Marie Matuidi. The transaction was facilitated by broker Kim Delaney. The property was listed for the same price it sold for, indicating that it was sold at the asking price.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,000,000
- Address: 560 Ocean Blvd
- Market: Golden Beach
It is worth noting that the seller purchased the property for a 1031 Exchange.
Players
Golden Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $585 per square foot on a published $3M for 5,128 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93