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Map
$9,800,000
↓ $100K (1%)
●
House -
For Sale
240 Ocean Blvd
Golden Beach, FL 33160
6 Beds
8 Baths,
2
Half Baths
$50,112
Est. Monthly
2.08%
Cap Rate
About This Property
Experience modern beach living in this 7,500 Sq Ft luxury single
family home designed by world renowned architect Chad Oppenheim.
Complete luxury furniture package from Artefacto. With 6 bedrooms,
6,5 bathrooms, guest wing, and service quarters this
tremendous residence is surrounded by lush beach landscaping and
includes a tranquility pond, sun deck and outdoor kitchen. The
incredible amount of indoor and outdoor space, the connectivity
between them, and the richness of materials elicits the sites
inherent power and garners recognition as one of the most special
homes. Expected completion June 2023.
Unit Size
-
Days on Market
589 days
Land Size
0.26 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,991
HOA Dues
-
Year Built
-
Listed By
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Cap Rate Calculator
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Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier)
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Last updated: 8 months ago (Miami MLS #A11349962)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 22, 2024 | Price Decreased |
$9,800,000
↓ $100K
(1%)
|
|
| Price Decreased | |||
| Mar 1, 2023 | Listed by Big International Realty, Inc. | $9,900,000 | |
| Listed by Big International Realty, Inc. | |||
| Mar 15, 2019 | No longer available | - | |
| No longer available | |||
| Aug 30, 2017 | Listed by Miami Red Box Realty LLC | $5,300,000 | |
| Listed by Miami Red Box Realty LLC | |||
|
|||
|
Experience modern beach living in this 7,000 Sq Ft luxury home
designed by world renowned architect Chad Oppenheim. With 6
bedrooms, 7 bathrooms, guest wing, and service quarters this
tremendous residence is surrounded by lush beach landscaping and
includes a tranquility pond, sun deck and outdoor kitchen. The
incredible amount of indoor and outdoor space, the connectivity
between them, and the richness of materials elicits the sites
inherent power and garners recognition as one of the…
|
|||
| Jul 15, 2015 | Sold to Golden Invest Llc Sk | $2,800,000 | |
| Sold to Golden Invest Llc Sk | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Garage
Has Open Parking
Parking Features: Covered, Driveway
Garage Spaces: 2
Covered Parking Spaces: 2
Interior Details
Half Bathrooms: 2
Full Bathrooms: 6
Master Bathroom Features: Combination Tub & Shower, Dual Sinks
Bedrooms: 6
Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
Interior Features: First Floor Entry, Loft
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Water Heater, Microwave, Gas Range, Refrigerator, Washer
Flooring Type: Wood
Door Features: High Impact Doors
Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
Living Room Features: Loft
Exterior Details
Security Features: Smoke Detector
Property Condition: New Construction
Architectural Style: Attached, Three Or More Stories
Year Built: 2022
Building Name: GOLDEN BEACH SEC C
Building Area Units: Square Feet
Window Features: Clear Impact Glass, Electric Shutters, Blinds, High Impact Windows
Patio and Porch Features: Patio
Roof Features: Concrete
Pool Features: Above Ground, Heated
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Lot Size Square Feet: 11475
Water Source: Municipal Water
Financial Details
Tax Legal Description: GOLDEN BEACH SEC C PB 9-52 ALL LOT 8 & S1/2 OF LOT 9 BLK 5 LOT SIZE 75.000 X 153 OR 20521-2638 07 2002 1 COC 23562-2903 07 2005 1
Tax Annual Amount: $23,897
Tax Year: 2022
Parcel Number: 19-12-35-003-0380
Property is Zoned: 1300
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Septic Tank
Location Details
HOA Fee Frequency: Monthly
Building Info
Overview
Building
Neighborhood
Zoning
Geography
240 Ocean Blvd
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
House
6
Beds
6
Baths
4,413 ft²
$1,926/ft²
$8,500,000
Oct 19, 2022
$8,500,000
Feb 13, 2024
$4,962/mo
House
6
Beds
6
Baths
6,642 ft²
$1,393/ft²
$9,250,000
Feb 13, 2024
$9,250,000
Apr 4, 2024
$10,137/mo
Sold
House
8
Beds
10
Baths
6,529 ft²
$1,325/ft²
$8,650,000
Jun 21, 2023
$8,650,000
Jan 12, 2024
$8,324/mo
Condo
5
Beds
6
Baths
3,803 ft²
$2,603/ft²
$9,900,000
Jul 13, 2023
$9,900,000
Nov 16, 2023
$5,847/mo
Condo
4
Beds
6
Baths
4,385 ft²
$2,075/ft²
$9,100,000
Dec 23, 2023
$9,100,000
May 6, 2024
$8,240/mo
Condo
4
Beds
6
Baths
3,625 ft²
$2,048/ft²
$7,425,000
Sep 26, 2023
$7,425,000
Feb 15, 2024
$11,521/mo
Active
House
6
Beds
6
Baths
5,846 ft²
$1,539/ft²
$8,995,000
Mar 2, 2024
-
$10,186/mo
Active
House
5
Beds
6
Baths
6,787 ft²
$1,547/ft²
$10,500,000
May 13, 2024
-
$6,736/mo
Active
Condo
5
Beds
6
Baths
3,252 ft²
$2,460/ft²
$8,000,000
May 17, 2022
-
$11,885/mo
Active
House
4
Beds
6
Baths
3,252 ft²
$3,383/ft²
$11,000,000
May 15, 2024
-
$12,206/mo
About Golden Beach
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Nearby Rentals
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Listed by: Oleg Semenov
Big International Realty, Inc.
Last Updated: 8 months ago
Data Source: Miami MLS, MLS# A11349962
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Big International Realty, Inc.
Last Updated: 8 months ago
Data Source: Miami MLS, MLS# A11349962
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
