Michael Hand & Kelly Kort Acquire Land In Boca Raton For $3.3M
17175 Brulee Breeze Way, Boca Raton, FL, USA
$3,291,531
$190/SF
Building Size
17,324 SF
Asset Type
—
Closing
Aug 11, 2021
About this deal
AI
17175 Brulee Breeze Way in Boca Raton has been sold for $3,291,531. The property is a land asset and was sold on 08/12/2021. The buyer of the property is Michael Hand & Kelly Kort, while the seller is Richard M. Norwalk.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $3,291,531
- Address: 17175 Brulee Breeze Way, Boca Raton
- Market: Boca Raton
Michael Hand & Kelly Kort have acquired the land property at 17175 Brulee Breeze Way from Richard M. Norwalk. No additional information regarding the transaction is available.
On the Map
$3,291,531
$190/SF
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Players
Boca Raton 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
4.82%
Cash-on-Cash
-1.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93