SOLDCondo
Jennifer Goldstein & Bonnie Heatzig Acquire $8.25M Condo On South Ocean Blvd, Boca Raton
725 South Ocean Boulevard
$8,250,000
$1,964/SF
Building Size
4,200 SF
Asset Type
Condo
Closing
Jan 19, 2024
AI
A condo at 725 South Ocean Boulevard in Boca Raton has been sold for $8,250,000. With a size of 4,200 square feet, the price per square foot comes to $1,964.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $8,250,000
- SF: 4,200
- PPSF: $1,964
- Address: 725 South Ocean Boulevard
- Market: Boca Raton
The deal was facilitated by Jennifer Goldstein of Official and Bonnie Heatzig of Douglas Elliman.
Players
Imperial Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.92%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93