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Lance Burstyn Sells Golden Beach Single Family Home For $11.95M

Property Image
SOLD
$11,950,000
Brett Harris
NA

Florida

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Single Family7,657 SF
Sold 04/16/2024
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Property Image
SOLD

Lance Burstyn Sells Golden Beach Single Family Home For $11.95M

128 Ocean Boulevard

See Similar Deals
Single Family7,657 SF
Sold 04/16/2024
Brett Harris
NA
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,560
Total Square Footage:7,657 SF
Transaction Type:Sale

The property located at 128 Ocean Boulevard in Golden Beach is a single-family home that was recently sold for $11,950,000. Spanning 7,657 square feet, this estate boasts 6 bedrooms, 7 bathrooms, and 2 and a half baths. The Italian kitchen by Snaidero, a media room, and an expansive Master Suite are just a few of the features that make this property stand out. The house's grand 3-story foyer with 30' high ceilings sets an impressive tone, perfect for entertaining or intimate family life.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $11,950,000
  • Price per Square Foot: $1,561
  • Address: 128 Ocean Boulevard
  • Market: Golden Beach

Nathanel Amir represented the buyer in this transaction, acquiring this exceptional property in Golden Beach. The sellers, Brett Harris and Lance Burnstyn, ensured that the estate reached its full potential before selling it for the full asking price. With its luxurious amenities, including the outdoor dining area and custom Italian kitchen, this property offers a perfect blend of sophistication and comfort.

Players

Brett Harris
Douglas Elliman
Brett Harris
16 deals$590M volume(305) 764-9401
BROKER
NA
Nathanel Amir
3 deals$30.8M volume
BROKER

Details

SOLD
IMAGE: Lance Burstyn, Brett Harris & Nathanel Amir DATE: 04/16/2024 ADDRESS: 128 Ocean Boulevard MARKET: Golden Beach ASSET TYPE: Single Family SELLER: Lance Burstyn (@Lance.Burstyn) BUYER'S REP: Nathanel Amir (@Nathanel.Amir) SELLER'S REP: Brett Harris (@BrettHarrishomes) - Douglas Elliman (@DouglasElliman); Alex Goldstein - Miles Goldstein Real Estate SALE PRICE: $11,950,000 SF: 7,657 ~ PPSF: $1,561 NOTE FROM BUYER'S REP: Nathanel Amir represented the buyer of this unsurpassed perfection in Golden Beach. Sellers Brett Harris & Lance Burnstyn carefully brought the estate to fulfill its ultimate potential selling for FULL ASKING price of $11,950,000. The grand 3 story foyer welcomes you with it’s awe-inspiring ambiance and 30' high ceilings. The house spans nearly 8000 sqft and features 6 bedrooms, 7 bathrooms and 2 1/2 baths, a Custom Italian kitchen by Snaidero, a media room, expansive Master Suite & outdoor dining with appointed kitchen make by alfresco. Truly perfection for both entertaining and intimate family life.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$42,455.84
Cash-on-Cash Return-1.27%
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