224 S ISLAND, Golden Beach, FL 33160

SingleFamilyResidence · Active

$22,500,000

224 S ISLAND, Golden Beach, FL 33160 — MLS photo

Golden Beach

224 S ISLAND, Golden Beach, FL 33160

Bedrooms
4
Bathrooms
6
Interior
5,510 sq ft
Price / sq ft
$4,083/sq ft
Built
1993
Lot
18,975 sq ft

The residence

Welcome to your dream home in Golden Beach's exclusive South Island! This unique turnkey one-story residence, set on an oversized 18,975 sqft lot, features a spacious open floor plan with soaring 16 ft ceilings. Revel in stunning waterfront living with 115 ft on the water, complete with a newly built boat lift and a yacht and jet ski-equipped dock. The home boasts 6 luxurious suite bedrooms, including an oversized master suite with an outside Bali-style bathroom, a gym, and a second-floor in-law's or a teenager's dream unit . The manicured resort-like outdoor space is perfect for entertaining. Decorated to perfection and designed for the ultimate entertainer, this custom masterpiece offers unmatched amenities and is one of the most unique and desirable properties in the neighborhood.

Property location

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224 S ISLAND, Golden Beach, FL 33160

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Facts & features

Interior

Bedrooms
4
Bathrooms
6
Living area
5,510 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1993
Lot size
18,975 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$0
County
Miami-Dade
MLS listing ID
A12098912
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

-$90,798

Cap rate
0.8%
Net yield
0.8%
Cash-on-cash return
-17.3%
Gross yield
3.8%
Mortgage payment
$106,661/mo
Down payment
$5,625,000
Loan amount
$16,875,000
Annual NOI
$190,364

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

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224 S ISLAND, Golden Beach, FL 33160