410 Golden Beach Dr

Golden Beach, FL 33160 · single_family · For Sale · 157 days on market
Asking price$14,975,000
7 beds 8 baths 5,713 sqft
Suggested offer$9,608,679$5,366,321 above the est. market value of $9,608,679.
View on Realtor.com →
Listed by Valentina Stransky · Bluestone Ventures Group, LLC
Typesingle_family
Built2017
Price / sqft$2621
Est. value (own analysis)$9,608,679
Rent estimate (Zillow ZIP avg)$3,079/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-03-29
Removed date
MLSMiamiMLS #A11990657
Coordinates25.96678, -80.12117
Address410 Golden Beach Dr
CityGolden Beach
StateFL
Zip33160
Listing ID5314649349
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33160)

Typical home value (ZHVI)$518,452
Typical rent (ZORI)$3,079/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.

Underwriting (buy-and-hold, default assumptions)

Purchase price$14,975,000
Down payment (20.0%)$2,995,000
Loan amount$11,980,000
Closing costs (5.0%)$748,750
Total cash to close$3,743,750
Rent (ZIP avg, ZORI — not bedroom-specific)$3,079$36,944
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$36,944
Vacancy rate (assumption) assumption8.0%

$36,944 × 8.0% = $2,956

Effective gross income$2,832$33,988
Property tax (placeholder 1.9% of price)$23,710$284,525
Insurance (placeholder 0.8% of price)$9,983$119,800
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$154$1,847
Total operating expenses$33,848$406,172
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$33,988
Total operating expenses derived$406,172

$33,988 − $406,172 = -$372,184

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$11,980,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$11,980,000 amortized at 6.7% over 30 years = $76,987/mo

CapEx reserve (5.0% of GSR)$154$1,847
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived-$372,184
Annual debt service derived$923,841
Annual CapEx reserve assumption$1,847
Annual PMI assumption$0

(-$372,184 − $923,841 − $1,847 − $0) ÷ 12 = -$108,156

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$372,184
Purchase price data$14,975,000

-$372,184 ÷ $14,975,000 = -2.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$1,297,872
Total cash to close derived$3,743,750

-$1,297,872 ÷ $3,743,750 = -34.7%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$372,184
Annual debt service derived$923,841

-$372,184 ÷ $923,841 = -0.40

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$36,944
Purchase price data$14,975,000

($36,944 ÷ 12) ÷ $14,975,000 = 0.0%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$14,975,000
Gross scheduled rent (annual) comp$36,944

$14,975,000 ÷ $36,944 = 405.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$406,172
Effective gross income derived$33,988

$406,172 ÷ $33,988 = 1195.0%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$406,172
Annual debt service derived$923,841
Annual PMI assumption$0
Gross scheduled rent (annual) comp$36,944

($406,172 + $923,841 + $0) ÷ $36,944 = 3600.1%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family786,475$29,5002026-07-20
single_family763,696$21,0002026-06-25

628 N Island

Golden Beach, 33160 · rent comp

Bedrooms / bathrooms7 bd / 8 ba
Square footage6,475
Listed2026-07-20
Days on market

Asking rent: $29,500

View on Zillow →

18975 Atlantic Blvd Unit 18975

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms7 bd / 6 ba
Square footage3,696
Listed2026-06-25
Days on market

Asking rent: $21,000

View on Zillow →

Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.

AddressTypeBedsBathsLiving sqftSale priceSale date
194 Golden Beach Drsingle_family764,596$7,730,0002026-07-08
19005 Atlantic Blvdsingle_family763,696$2,750,0002026-05-01
630 Golden Beach Drsingle_family798,541$16,420,0002025-12-12

Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.

AddressTypeBedsBathsSqftAsking priceDays on market
255 Ocean Blvdsingle_family71417,507$79,500,000
115 Ocean Blvdsingle_family7129,121$47,000,000
185 Ocean Blvdsingle_family79$45,000,000
680 Golden Beach Drsingle_family778,197$21,900,000
284 Ocean Blvdsingle_family77$11,000,000
7000 Island Blvd Ph 2condos797,700$5,500,000
multi_family732,684$1,075,000

10-year hold projection

IRR-13.1%
Equity multiple-1.26x
Total return (10yr)-$6,486,425
YearProperty valueNOICash flowLoan balanceEquity
1$15,424,250-$372,184-$1,297,872$11,850,110$3,574,140
2$15,886,978-$381,319-$1,307,052$11,711,301$4,175,677
3$16,363,587-$390,676-$1,316,458$11,562,959$4,800,628
4$16,854,494-$400,263-$1,326,093$11,404,430$5,450,064
5$17,360,129-$410,084-$1,335,963$11,235,015$6,125,114
6$17,880,933-$420,145-$1,346,075$11,053,967$6,826,966
7$18,417,361-$430,451-$1,356,434$10,860,485$7,556,876
8$18,969,882-$441,010-$1,367,046$10,653,717$8,316,165
9$19,538,978-$451,826-$1,377,917$10,432,750$9,106,228
10$20,125,148-$462,906-$1,389,054$10,196,609$9,928,539
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.