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

Property Image
SOLD
$16,420,000
Victoria Krasnov

Florida

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Single Family8,541 SF
Sold
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Property Image
SOLD

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

630 Golden Beach Drive

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Single Family8,541 SF
Sold
Victoria Krasnov
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1922
Total Square Footage:8541 SF
Transaction Type:Sale

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.

Players

Alexander Goldstein
26 deals$281.6M volume
BROKER

Victoria Krasnov
1 deal$16.4M volume(917) 364-3070
BROKER


LENDER

Details

SOLD
IMAGE: Victoria Krasnov, Alexander Goldstein & Michael Petillo DATE: 12/12/2025 ADDRESS: 630 Golden Beach Drive MARKET: Golden Beach ASSET TYPE: Single Family ~ ACRES: 0.4 BUYER: Michael Petillo - Petillo Cos SELLER: Iurii Shliakhov, Olena Shliakhov & Kateryna Shliakhov BUYER'S REP: Victoria Krasnov - Elevated Property Group SELLER'S REP: Alexander Goldstein (@MrAlexGoldstein) - Miles Goldstein Real Estate (@MilesGoldstein_RealEstate) LENDER: Bb Americas Bank (@BB.Americas) SALE PRICE: $16,420,000 SF: 8,541 ~ PPSF: $1,922 NOTE: Michael Vincent Petillo’s Capri Investments Florida LLC purchased an 8,541-sq.-ft. mansion at 630 Golden Beach Drive for $16.42 million, financed with an $8.21 million mortgage from BB Americas Bank. Built in 2020 on a 17,500-sq.-ft. canal-front lot, the seven-bedroom, nine-bath home includes a pool, summer kitchen, balcony, and dock, marking its first sale.

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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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