Daniel Dedona Acquires Condo In Hillsboro Beach For $2.3M
1230 Hillsboro Mile
$2,300,000
$610/SF
Building Size
3,770 SF
Asset Type
Condo
Closing
Feb 8, 2024
About this deal
AI
A 3,770 square foot condo located at 1230 Hillsboro Mile in Hillsboro Beach has been sold for $2,300,000. The property was sold by Kim Corr to Daniel Dedona. The sale was facilitated by Amber Taylor of Dettman Realty Group, who represented the buyer, and Anthony Nucci of Douglas Elliman, who represented the seller. The sale price per square foot was $610.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,300,000
- Square Footage: 3,770
- Address: 1230 Hillsboro Mile, Hillsboro Beach
- Buyer: Daniel Dedona
- Seller: Kim Corr
- Buyer's Representative: Amber Taylor - Dettman Realty Group
- Seller's Representative: Anthony Nucci - Douglas Elliman
- Price per Square Foot: $610
Amber Taylor of Dettman Realty Group and Anthony Nucci of Douglas Elliman played key roles in the transaction, representing the buyer and seller, respectively. Their expertise and negotiation skills were instrumental in the successful sale of the property on Hillsboro Mile.
On the Map
$2,300,000
$610/SF
Condo
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Hillsboro Beach Condo Market Snapshot
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Deal FAQ
About $610 per square foot on a published $2.3M for 3,770 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93