Cays Realty
385 Centre Is, Golden Beach, FL 33160 — MLS photo

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385 Centre Is, Golden Beach, FL 33160

Active · SingleFamilyResidence

$41,995,000

385 Centre Is, Golden Beach, FL 33160

Beds
12
Baths
13
Living area
10,802 sq ft
$ / sq ft
$3,888/sq ft
Year built
2014
Lot size
22,688 sq ft
HOA fee
—
Annual tax
$273,584

About this property

Welcome to 385 Center Island, a breathtaking tropical modern masterpiece in the exclusive enclave of Golden Beach. This legacy estate spans 22,688 sq ft, featuring a 14,225 sq ft mansion with 137 ft of direct Intracoastal frontage-perfect for yachting enthusiasts. Designed for both luxury and entertainment, the home offers 12 bedrooms, 12 bathrooms, expansive living spaces, a chef's kitchen, and a formal dining room overlooking the stunning back deck. This private oasis includes a double-gated driveway, parking for 8, an indoor gym and spa, and meticulous attention to detail throughout. Just steps from the neighborhood's private beach, parks, and patrolled by its own police force, this is a once-in-a-lifetime opportunity to own Golden Beach's crown jewel.

Property location

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385 Centre Is, Golden Beach, FL 33160

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Facts & features

Interior

Bedrooms
12
Bathrooms
13
Living area
10,802 sq ft
Flooring
Hardwood, Tile, Wood
Appliances
Built In Oven, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Built In Features, Bedroom On Main Level, Closet Cabinetry, Entrance Foyer, First Floor Entry, High Ceilings, Kitchen Island, Upper Level Primary, Bar

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2014
Lot size
22,688 sq ft
Architectural style
Two Story
Roof
Barrel
Construction
CBSConcrete Block Structure, Block
Exterior features
Deck, Security High Impact Doors, Lighting, Outdoor Grill
Pool
In Ground, Pool
Spa
Heated
Waterfront
Intracoastal Access, No Fixed Bridges, Ocean Access, Seawall
View
Intercoastal, Water

Parking

Garage spaces
4
Covered spaces
4
Parking features
Attached, Circular Driveway, Covered, Driveway, Garage, Garage Door Opener

HOA, Community & Financials

Annual tax
$273,584
Subdivision
GOLDEN BEACH SEC E
County
Miami-Dade
Days on market
0
MLS listing ID
A12023794
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

-$124,936

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-12.8%
Gross yield
3.9%
Mortgage payment
$199,078/mo
Down payment
$10,498,750
Loan amount
$31,496,250
Annual NOI
$889,695

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