Michael Petillo Of Elevated Property Group Acquires Mansion On Golden Beach For $16.42M

A single-family residence located at 630 Golden Beach Drive in the Golden Beach market has been sold for $16,420,000. The property spans 8,541 square feet and sits on a 0.4-acre lot, which features a canal-front location. This home, built in 2020, includes seven bedrooms and nine bathrooms, as well as amenities such as a pool, summer kitchen, balcony, and dock.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $16,420,000
• Buyer: Michael Petillo - Petillo Cos
• Seller: Iurii Shliakhov, Olena Shliakhov & Kateryna Shliakhov
• Buyer's Representative: Victoria Krasnov - Elevated Property Group
• Seller's Representative: Alexander Goldstein - Miles Goldstein Real Estate
• Lender: Bb Americas Bank
• Mortgage Amount: $8,210,000
• Lot Size: 17,500 sq. ft.

The deal involves key individuals including buyer Michael Petillo, representing Petillo Cos, and the sellers, the Shliakhov family. The transaction was facilitated by Victoria Krasnov and Alexander Goldstein, who represent the buyer and seller, respectively.