Michael Hand & Kelly Kort Acquire Land In Boca Raton For $3.3M
SOLD
$3,291,531
Florida
See Similar Deals17,324 SF
Sold 08/12/2021
SOLD
Michael Hand & Kelly Kort Acquire Land In Boca Raton For $3.3M
17175 Brulee Breeze Way, Boca Raton, FL, USA
See Similar Deals17,324 SF
Sold 08/12/2021
Summary
FLORIDA
Price Per Square Foot:$190
Total Square Footage:17,324 SF
Transaction Type:Sale
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.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$175,548.30
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,694.13
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,603.54
Annual Debt Service$187,242.43
Is there something missing? Send suggestions