Mark Reichenbaum Sells Condo In Boca Raton For $2,650,000 With Buyer's Rep David Hall & Sonia Hall
SOLD
$2,650,000
Florida
See Similar DealsCondo2,772 SF
Sold 04/15/2026
SOLD
Mark Reichenbaum Sells Condo In Boca Raton For $2,650,000 With Buyer's Rep David Hall & Sonia Hall
140 Southeast 5th Avenue
See Similar DealsCondo2,772 SF
Sold 04/15/2026
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$956
Total Square Footage:2,772 SF
Transaction Type:Sale
140 Southeast 5th Avenue Unit 253 is a condo located in Boca Raton. The property was sold for $2,650,000 with a total square footage of 2,772, resulting in a price per square foot of $955.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,650,000
- Address: 140 Southeast 5th Avenue Unit 253
- Market: Boca Raton
- Square Footage: 2,772
- Price per Square Foot: $955
- Seller: Mark Reichenbaum
- Buyer’s Representative: David Hall & Sonia Hall - Hall Luxury Homes Group - Compass
The transaction involved David Hall and Sonia Hall representing the buyers through Hall Luxury Homes Group at Compass. The property is part of the Mizner Court Condominium, situated within Mizner Village on the grounds of The Boca Raton Resort & Club.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$141,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,414.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,562.35
Annual Debt Service$150,748.22
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