Updated Oct 28, 2024
Exp Realty's Kathleen Beasley Represents Buyer In $22.2M Golden Beach Single Family Sale
Golden Beach, FL, USA
$22,200,000
$2,860/SF
Building Size
7,761 SF
Asset Type
Single Family Residence
Closing
Jun 9, 2020
About this deal
AI
A single-family property located in Golden Beach was recently sold for $22,200,000. The property spans 7,761 square feet, resulting in a price per square foot of $2,860. The transaction took place on June 9, 2021. The buyer, 577 Ocean LP, acquired the property from Sandra Levy. Kathleen Beasley from EXP Realty represented the buyer, while Ralph Arias from One Sotheby’s International Realty represented the seller.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $22,200,000
- Market: Golden Beach
- Buyer: 577 Ocean LP
- Seller: Sandra Levy
- Buyer's Representative: Kathleen Beasley - EXP Realty
- Seller's Representative: Ralph Arias - One Sotheby’s International Realty
- Square Footage: 7,761
- Price per Square Foot: $2,860
Kathleen Beasley from EXP Realty represented the buyer, 577 Ocean LP, in the transaction. Ralph Arias, from One Sotheby’s International Realty, served as the seller's representative. The deal was successfully closed on June 9, 2021, marking a significant acquisition in the Golden Beach market.
On the Map
$22,200,000
$2,860/SF
Single Family Residence
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North Miami 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
0.71%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93