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2800 South Ocean Boulevard,...

Matthew Bachrad & Danielle Stern Acquire Condo In Boca Raton For $2.4M
SOLD

Matthew Bachrad & Danielle Stern Acquire Condo In Boca Raton For $2.4M

2800 South Ocean Boulevard, Boca Raton, Florida 33432, United States

$2,445,000

$1,139/SF

Building Size

2,145 SF

Asset Type

Closing

Apr 28, 2022

AI

The recently closed property transaction in Boca Raton involved a condominium located at 2800 S Ocean Blvd 3-G. This condo, with a total area of 2,145 square feet, was sold for a price of $2,445,000, resulting in a price per square foot of $1,140. The property is situated in a desirable location in Boca Raton's market.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $2,445,000
  • Address: 2800 S Ocean Blvd 3-G
  • Market: Boca Raton

In this transaction, the buyer was represented by Matthew Bachrad & Danielle Stern from Your Luxury Listing. On the other hand, Kate Fontenot from Coldwell Banker acted as the seller's representative.

It is worth noting that the sale price of $2,445,000 reflects a price per square foot of $1,140 for the 2,145 square feet of living space in the condo.

Players

Kate Fontenot

Coldwell Banker

Broker

$4.6M

vol

2 deals

Broker

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

6.49%

Cash-on-Cash

-1.85%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93