Michael & Michelle Klinger Sell Single Family Home At 194 South Island Road For $27.1M
SOLD
$27,100,000
Florida
See Similar DealsSingle Family Residence7,635 SF
Sold 01/06/2026
SOLD
Michael & Michelle Klinger Sell Single Family Home At 194 South Island Road For $27.1M
194 South Island Road
See Similar DealsSingle Family Residence7,635 SF
Sold 01/06/2026
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$3,549
Total Square Footage:7,635 SF
Transaction Type:Sale
The asset involved in this transaction is a single-family home located at 194 South Island Road in the Golden Beach market. The property has a sale price of $27,100,000, features a total square footage of 7,635, and is priced at $3,549 per square foot.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $27,100,000
- Address: 194 South Island Road
- Market: Golden Beach
- Square Footage: 7,635
- Price Per Square Foot: $3,549
- Seller: Michael & Michelle Klinger
- Seller's Representative: Joel Lusky - The Brokerage South Florida Real Estate
- Seller's Representative: Dina Goldentayer - Douglas Elliman
Michael and Michelle Klinger are the sellers of the property. They are represented in the transaction by Joel Lusky from The Brokerage South Florida Real Estate and Dina Goldentayer from Douglas Elliman.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,445,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$96,280.58
Cash-on-Cash Return-1.27%
Monthly Debt Service$128,467.83
Annual Debt Service$1,541,613.91
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