Dezer Platinum Realty's Melissa Barragan Sells Palm Beach Condo For $2.995M
SOLD
$2,995,000
Florida
See Similar Deals2,137 SF
Sold 12/27/2021
SOLD
Dezer Platinum Realty's Melissa Barragan Sells Palm Beach Condo For $2.995M
2660 South Ocean Boulevard, Palm Beach, Florida 33480, United States
See Similar Deals2,137 SF
Sold 12/27/2021
Summary
FLORIDA
Price Per Square Foot:$1,401
Total Square Footage:2,137 SF
Transaction Type:Sale
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
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$159,733.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,640.62
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,197.83
Annual Debt Service$170,373.94
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