Chris Leavitt Acquires Condo At 3910 N Flagler Drive, West Palm Beach For $1.7M
3910 North Flagler Drive, West Palm Beach, FL, USA
$1,745,000
$581/SF
Building Size
3,000 SF
Asset Type
—
Closing
Aug 11, 2020
About this deal
AI
Located at 3910 N Flagler Drive in West Palm Beach, this condo was recently sold on August 11, 2021. The property offers approximately 3,000 square feet of space, with a sale price of $1,745,000. Owned by Chris Leavitt, the deal was facilitated by broker Chris Leavitt of Douglas Elliman. The sale price translates to a price per square foot of $582.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $1,745,000
- Address: 3910 N Flagler Drive, West Palm Beach
- Broker: Chris Leavitt - Douglas Elliman
- Square Footage: 3,000
- Price Per Square Foot: $582
This sale represents a successful transaction in the West Palm Beach real estate market. The involvement of Chris Leavitt as both the owner and the broker demonstrates his expertise and knowledge in the local area. The buyer and additional parties involved in the deal were not specified in the available information.
West Palm Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $581 per square foot on a published $1.7M for 3,000 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.09%
Cash-on-Cash
-2.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93