David Hall & Sonia Hall Of Hall Luxury Homes Group Represent Seller In Boca Raton Condo Sale For $3.475M
SOLD
Florida
See Similar DealsCondo2,772 SF
Sold 03/11/2025
SOLD
David Hall & Sonia Hall Of Hall Luxury Homes Group Represent Seller In Boca Raton Condo Sale For $3.475M
100 Southeast 5th Avenue
See Similar DealsCondo2,772 SF
Sold 03/11/2025
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,253
Total Square Footage:2,772 SF
Transaction Type:Sale
This transaction involves a condo located at 100 Southeast 5th Avenue Unit 101 in the Boca Raton market. The asset was sold for a price of $3,475,000, encompassing a square footage of 2,772, which translates to a price per square foot of $1,253.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,475,000
- Square Footage: 2,772
- Price per Square Foot: $1,253
- Address: 100 Southeast 5th Avenue Unit 101
- Market: Boca Raton
- Seller's Representative: David Hall & Sonia Hall - Hall Luxury Homes Group - Compass
- Note: Record Price for Mizner Court - Not included in Purchase Price - add $500,000 (for personal property, turnkey and boat slip).
The deal was represented by David Hall and Sonia Hall of Hall Luxury Homes Group, operating under Compass, serving as the seller's representatives in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$185,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,345.95
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,473.27
Annual Debt Service$197,679.27
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