One Sotheby's International Realty Sells Single Family Home In Golden Beach For $5.5M
532 North Island Road
$5,500,000
$1,848/SF
Building Size
2,976 SF
Asset Type
Single Family
Closing
Dec 1, 2023
AI
Located at 532 North Island Drive in Golden Beach, this single-family home was recently sold in a closed transaction. The property spans a total of 2,976 square feet, offering ample space for its new owner. The sale price for this stunning waterfront development opportunity was $5,500,000, resulting in a price per square foot of $1,848.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $5,500,000
- Square Footage: 2,976
- Price per Square Foot: $1,848
- Market: Golden Beach
Represented by Jonathan Bigelman and Lydia Eskenazi of One Sotheby's International Realty, this sale showcases their expertise in the Golden Beach market. Congratulations to both the buyer and the seller for successfully completing this transaction. For any additional information on properties in Golden Beach, reach out to the resident experts at One Sotheby's International Realty.
Players
Golden Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93