Updated Dec 21, 2023
David Aaron Carpenter Acquires $5M Single Family Home From Ralph Velocci In Golden Beach
Golden Beach, Miami-Dade, FL, USA
$5,000,000
$747/SF
Building Size
6,692 SF
Asset Type
Single Family Residence
Closing
Mar 21, 2021
About this deal
AI
A single-family property located in Golden Beach was recently sold for $5,000,000. The property has a total area of 6,692 square feet, resulting in a price per square foot of $747. The sale took place on March 22, 2021.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $5,000,000
- Market: Golden Beach
- Buyer: David Aaron Carpenter
- Seller: Ralph Velocci
@DanielTzinker represented the buyer, @DavidAaronCarpenter, while Kenny Raymond represented the seller in this transaction.
The single family residence sale at Golden Beach, Miami-Dade, FL, USA in North Miami Beach, Florida sold for $5M in 2021. The building is 6,692 square feet, implying about 747 per square foot on the published price. Kenny Raymond, Daniel Tzinker, The Agency, Berkshire Hathaway HomeServices appear on the sale alongside The Agency, Berkshire Hathaway HomeServices. This page is the North Miami Beach, Florida file for the Golden Beach, Miami-Dade, FL, USA single family residence sold: pricing, party profiles, and other closed single family residence comps from the same North Miami Beach sit in the Market section below. Filter that North Miami Beach single family residence set by closing date to see what else sold near Golden Beach, Miami-Dade, FL, USA around 2021. Published consideration for Golden Beach, Miami-Dade, FL, USA is $5M, dated 2021. Cite this David Aaron Carpenter Acquires $5M Single Family Home From Ralph Velocci In Golden Beach sale when underwriting similar single family residence product around North Miami Beach, Florida.
Players
North Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $747 per square foot on a published $5M for 6,692 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93