One Sotheby’s International Realty Represents Both Buyer And Seller In $4M Golden Beach Single Family Sale
SOLD
$4,000,000
Florida
See Similar DealsSingle Family3,116 SF
Sold 11/30/2023
SOLD
One Sotheby’s International Realty Represents Both Buyer And Seller In $4M Golden Beach Single Family Sale
185 Golden Beach Drive
See Similar DealsSingle Family3,116 SF
Sold 11/30/2023
Summary
FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,283
Total Square Footage:3,116 SF
Transaction Type:Sale
A single-family property located at 185 Golden Beach Drive in Golden Beach was recently sold for a total of $4,000,000. The property spans over an area of 3,116 square feet and was sold at a price per square foot of $1,284.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $4,000,000
- Address: 185 Golden Beach Drive
- Market: Golden Beach
- Brokers: Jonathan Bigelman & Lydia Eskenazi - One Sotheby’s International Realty
- SF: 3,116
- PPSF: $1,284
Jonathan Bigelman and Lydia Eskenazi from One Sotheby's International Realty represented both the buyer and seller in this transaction. This sale presented an excellent development opportunity. For further information, interested individuals can reach out to the knowledgeable experts in Golden Beach.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$213,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,211.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,962.04
Annual Debt Service$227,544.49
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