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7499 West Boynton Beach Bou...

Jeffrey A. Dehart Acquires Vacant Commercial Property In Boynton Beach, FL For $11.15M
SOLDCommercial

Jeffrey A. Dehart Acquires Vacant Commercial Property In Boynton Beach, FL For $11.15M

7499 West Boynton Beach Boulevard, Boynton Beach, Florida 33437, United States

$11,150,000

Building Size

Asset Type

Commercial

Closing

Apr 10, 2022

AI

A vacant commercial property in Boynton Beach, FL has been sold for $11,150,000. The property is located at 7499 Boynton Beach Blvd & 7395 Boynton Beach Blvd.

Summary of transaction details

  • Property Type: Vacant Commercial
  • Sale Price: $11,150,000
  • Address: 7499 Boynton Beach Blvd & 7395 Boynton Beach Blvd
  • Market: Boynton Beach, FL

Jeffrey A. Dehart has purchased the property from Patricia A Mazzoni, Mazzoni William & Thomas A Smith.

Players

Thomas Smith

Seller

$25.8M

vol

5 deals

Seller

Boynton Beach Commercial Market Snapshot

Boundary boundary · Commercial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.42%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93