Updated Dec 4, 2024
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
About this deal
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.
The condo sale at 725 South Ocean Boulevard in Imperial Beach, California sold for $8.3M in 2024. The building is 4,200 square feet, implying about 2K per square foot on the published price. Bonnie Heatzig, Jennifer Goldstein, Douglas Elliman, Official appear on the sale alongside Douglas Elliman, Official. This page is the Imperial Beach, California file for the 725 South Ocean Boulevard condo sold: pricing, party profiles, and other closed condo comps from the same Imperial Beach sit in the Market section below. Filter that Imperial Beach condo set by closing date to see what else sold near 725 South Ocean Boulevard around 2024. Published consideration for 725 South Ocean Boulevard is $8.3M, dated 2024. Cite this Jennifer Goldstein & Bonnie Heatzig Acquire $8.25M Condo On South Ocean Blvd, Boca Raton sale when underwriting similar condo product around Imperial Beach, California.
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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