Dezer Platinum Realty's Melissa Barragan Sells Palm Beach Condo For $2.995M
2660 South Ocean Boulevard, Palm Beach, Florida 33480, United States
$2,995,000
$1,401/SF
Building Size
2,137 SF
Asset Type
—
Closing
Dec 26, 2021
AI
A condo located at 2660 S Ocean Blvd Apt S601 in Palm Beach has been sold for $2,995,000. The condo has a total area of 2,137 square feet and a price per square foot of $1,401.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,995,000
- Address: 2660 S Ocean Blvd Apt S601, Palm Beach
- Market: Palm Beach
- Buyer's Representative: Melissa Barragan - Dezer Platinum Realty
- Seller's Representative: Scott Gordon - Douglas Elliman
Melissa Barragan from Dezer Platinum Realty represented the buyer in this transaction, while Scott Gordon from Douglas Elliman represented the seller.
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
5.30%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93