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Jonathan Bigelman & Lydia Eskenazi Of One Sotheby's Int. Realty Close $2.95M Golden Beach Sale

Property Image
SOLD
$2,950,000
Jonathan Bigelman
Lydia Eskenazi

Florida

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Single Family2,848 SF
Sold 03/13/2024
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Property Image
SOLD

Jonathan Bigelman & Lydia Eskenazi Of One Sotheby's Int. Realty Close $2.95M Golden Beach Sale

605 Golden Beach Drive

See Similar Deals
Single Family2,848 SF
Sold 03/13/2024
Jonathan Bigelman
Lydia Eskenazi
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,035
Total Square Footage:2,848 SF
Transaction Type:Sale

The transaction involved the sale of a Single Family property located at 605 Golden Beach Drive in Golden Beach. The property was sold for $2,950,000 and spans 2,848 square feet, resulting in a price per square foot of $1,036.

Summary of transaction details:

Lydia Eskenazi and Jonathan Bigelman, representing both sides, facilitated the deal at 605 Golden Beach Drive. Situated within the gates of Golden Beach, this transaction was noted as a prime development opportunity. The brokers, known as resident experts of Golden Beach, successfully closed the deal, benefiting both the buyer and the seller involved in the process.

Players

Lydia Eskenazi
Sotheby's International Realty
Lydia Eskenazi
24 deals$218.2M volume
BROKER
Jonathan Bigelman
Sotheby's International Realty
Jonathan Bigelman
19 deals$212.5M volume(786) 246-2068
BROKER

Details

SOLD
IMAGE: Jonathan Bigelman & Lydia Eskenazi DATE: 03/13/2024 ADDRESS: 605 Golden Beach Drive MARKET: Golden Beach ASSET TYPE: Single Family BROKERS: Jonathan Bigelman (@Miami.Broker) & Lydia Eskenazi (@LydiaEskenazi) - One Sotheby's International Realty (@Onesir) SALE PRICE: $2,950,000 SF: 2,848 ~ PPSF: $1,036 NOTE FROM BROKERS: Lydia Eskenazi and Jonathan Bigelman with One Sotheby's do it again inside the gates of Golden Beach representing both sides! This was a prime development opportunity. Congrats to the buyer, seller, and all parties involved. Contact the Golden Beach resident experts for any additional information.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$157,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,480.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,984.51
Annual Debt Service$167,814.06