Kathy L. Brock & Douglas P. Regan Acquire Land In Delray Beach For $5.45M
1110 Waterway Ln, Delray Beach, FL, USA
$5,450,000
$368/SF
Building Size
14,810 SF
Asset Type
—
Closing
Sep 7, 2021
About this deal
AI
The land located at 1110 Waterway Ln in Delray Beach has been sold in a recent transaction. The sale took place on September 8, 2021. The property, with its waterfront location, offers potential for various development opportunities. The sale price for this land was $5,450,000.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $5,450,000
- Address: 1110 Waterway Ln, Delray Beach
- Market: Delray Beach
Kathy L. Brock and Douglas P. Regan were the buyers in this transaction, while Dominick Dimatteo Jr. was the seller. Both parties were represented by their respective agents.
Players
Delray Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.91%
Cash-on-Cash
-0.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93