Cays Realty
268 S Parkway, Golden Beach, FL 33160 — MLS photo

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268 S Parkway, Golden Beach, FL 33160

Active · SingleFamilyResidence

$14,800,000

268 S Parkway, Golden Beach, FL 33160

Beds
5
Baths
4
Living area
4,019 sq ft
$ / sq ft
$3,683/sq ft
Year built
1953
Lot size
20,951 sq ft
HOA fee
—
Annual tax
$85,759

About this property

268 S. Parkway is one of the largest waterfront offerings in Golden Beach: Build your dream home on a rare double lot that spans 20,951 SF with 90 feet of water frontage. South-facing and exceptionally positioned, set between a lush park and the wide bend of the canal with a private built-in boat slip, you are just a few minutes from the Intracoastal with direct ocean access. Enjoy stunning SW sunset views rarely found in Golden Beach. Walking distance to the private beach pavilion, parks, and future fitness center.

Property location

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268 S Parkway, Golden Beach, FL 33160

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Facts & features

Interior

Bedrooms
5
Bathrooms
4
Living area
4,019 sq ft
Flooring
Hardwood, Tile, Wood
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Built In Features, Bedroom On Main Level, Closet Cabinetry, First Floor Entry, Fireplace, Kitchen Island, Custom Mirrors, Walk In Closets

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1953
Lot size
20,951 sq ft
Architectural style
Detached, Two Story
Roof
Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Lighting, Storm Security Shutters
Pool
In Ground, Pool
Waterfront
Canal Front, Intersecting Canal, No Fixed Bridges, Seawall
View
Canal, Intercoastal

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Circular Driveway, Garage

HOA, Community & Financials

Security
Security Guard
Annual tax
$85,759
Subdivision
GOLDEN BEACH SEC D
County
Miami-Dade
Days on market
81
MLS listing ID
A11986127
Listing status
Active

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

Estimated monthly cash flow

-$42,799

Cap rate
2.2%
Net yield
2.2%
Cash-on-cash return
-12.4%
Gross yield
3.9%
Mortgage payment
$70,160/mo
Down payment
$3,700,000
Loan amount
$11,100,000
Annual NOI
$328,328

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