498 N Parkway Pkwy, Golden Beach, FL 33160

SingleFamilyResidence · Active

$37,500,000

498 N Parkway Pkwy, Golden Beach, FL 33160 — MLS photo

Golden Beach

498 N Parkway Pkwy, Golden Beach, FL 33160

Bedrooms
8
Bathrooms
10
Interior
8,353 sq ft
Price / sq ft
$4,489/sq ft
Built
2002
Lot
19,082 sq ft

The residence

Stunning modern Mediterranean castle in the illustrious Golden Beach, positioned in one of the neighborhood's quiet cul-de-sacs. This legacy estate boasts 200 ft of prime Intracoastal water frontage with rare long water views. The property encompasses nearly 20,000 sq ft, with almost 10,000 sq ft of luxurious living space behind private gates that open to breathtaking curb appeal. Experience unmatched quality with the finest finishes throughout, embodying Italian grandeur and a warm, homey ambiance. Pristine water views are visible from nearly every room, making this home a magnificent creation in one of the best locations.

Property location

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498 N Parkway Pkwy, Golden Beach, FL 33160

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Facts & features

Interior

Bedrooms
8
Bathrooms
10
Living area
8,353 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2002
Lot size
19,082 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A12082016
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$152,675

Cap rate
0.8%
Net yield
0.8%
Cash-on-cash return
-17.4%
Gross yield
3.8%
Mortgage payment
$177,769/mo
Down payment
$9,375,000
Loan amount
$28,125,000
Annual NOI
$301,128

Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.

Get More Info About This Property

498 N Parkway Pkwy, Golden Beach, FL 33160