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Daniel Gonzalez Purchases Oceanfront Estate In Golden Beach For $34 Million From Samuel Ohev-Zion

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SOLD
$34,000,000

Florida

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Single Family11,880 SF
Sold 09/19/2024
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Property Image
SOLD

Daniel Gonzalez Purchases Oceanfront Estate In Golden Beach For $34 Million From Samuel Ohev-Zion

263 Ocean Boulevard

See Similar Deals
Single Family11,880 SF
Sold 09/19/2024
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$2,862
Total Square Footage:11,880 SF
Transaction Type:Sale

The property involved in this transaction is a single-family home located at 263 Ocean Boulevard in Golden Beach. The asset encompasses 0.48 acres and features a total square footage of 11,880. The sale price was $34,000,000, resulting in a price per square foot of $2,862.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $34,000,000
  • Address: 263 Ocean Boulevard
  • Market: Golden Beach
  • Acres: 0.48
  • Square Footage: 11,880
  • Price per Square Foot: $2,862
  • Buyer: Daniel Gonzalez
  • Seller: Michelle Bittman; Samuel Ohev-Zion - BLU Products
  • Broker: Nelson Gonzalez - Berkshire Hathaway HomeServices EWM Realty

The deal was notable as it marked the second most expensive home sale in Golden Beach. The seller, Samuel Ohev-Zion, acquired the property for $11 million in 2015. Daniel Gonzalez, the buyer, intends to reside in the recently renovated mansion.

Players

Nelson Gonzalez
Berkshire Hathaway HomeServices
Nelson Gonzalez
44 deals$761.2M volume
BROKER

Details

SOLD
IMAGE: Michelle Bittman, Nelson Gonzalez & Samuel Ohev-Zion DATE: 09/19/2024 ADDRESS: 263 Ocean Boulevard MARKET: Golden Beach ASSET TYPE: Single Family ~ ACRES: 0.48 BUYER: Daniel Gonzalez SELLER: Michelle Bittman; Samuel Ohev-Zion - BLU Products BROKER: Nelson Gonzalez (@NelsonGonzalezMiami) - Berkshire Hathaway HomeServices EWM Realty (@EWMRealty) SALE PRICE: $34,000,000 SF: 11,880 ~ PPSF: $2,862 NOTE: A plastic surgery center owner in Miami purchased an oceanfront estate in Golden Beach for $34 million, making it the second most expensive home sale in the area. The seller, Samuel Ohev-Zion, originally bought the property for $11 million in 2015, and the buyer, Daniel Gonzalez, plans to live in the recently renovated mansion.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$120,794.83
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