David Hall & Sonia Hall Of Hall Luxury Homes Group Represent Buyers In $3.85M Boca Raton Condo Sale
SOLD
$3,850,000
Florida
See Similar DealsCondo2,772 SF
Sold 05/30/2025
SOLD
David Hall & Sonia Hall Of Hall Luxury Homes Group Represent Buyers In $3.85M Boca Raton Condo Sale
140 Southeast 5th Avenue
See Similar DealsCondo2,772 SF
Sold 05/30/2025
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,388
Total Square Footage:2,772 SF
Transaction Type:Sale
The property involved in this transaction is a condo located at 140 Southeast 5th Avenue in Boca Raton. The asset was sold for a price of $3,850,000. It spans a total area of 2,772 square feet, translating to a price per square foot of $1,388.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,850,000
- Square Footage: 2,772
- Price Per Square Foot: $1,388
- Address: 140 Southeast 5th Avenue
- Market: Boca Raton
- Buyer's Representative: David Hall & Sonia Hall - Hall Luxury Homes Group (www.hallluxuryhomes.com) - Compass
The individuals representing the buyer in this transaction are David Hall and Sonia Hall, who are associated with Hall Luxury Homes Group under Compass. Their role highlights the involvement of experienced professionals in facilitating this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$205,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,678.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,250.96
Annual Debt Service$219,011.57
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