Golden Beach Oceanfront Home Sells for 35% off Asking Price

A 5637 square foot oceanfront home built in 1985 in Golden Beach was being offered for $7,400,000. This modern style home was featured on Miami Vice.  It was on the market since August 2009, but was offered for rent at $25,000 a month. Well it just sold for $4,802,000. That is a 35% reduction off of asking price.

Currently there are just 10 oceanfront homes listed for sale in Golden Beach. The least expensive is offered at $8,450,000 and the most expensive offered at $18,900,000. That unique gem is just under 9900 sq. ft. 5 bedrooms 7 baths built in 2002, and offers 108 feet of beach.

There are four empty lots on the market for sale. The least expensive offered at $3.5 million and the most expensive offered at $10,950,000.

Golden Beach is a very unique area with just a handful of private homes that sit directly on the sand.  Even in this price range there are opportunities !

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