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
About this deal
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.
On the Map
$2,995,000
$1,401/SF
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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