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Alina Boca Raton Condo Sold For $4.8M By Rochelle Lecavalier & Alejandro Salazar - Douglas Elliman

Property Image
SOLD
$4,845,000

Florida

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Condo4 SF
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Property Image
SOLD

Alina Boca Raton Condo Sold For $4.8M By Rochelle Lecavalier & Alejandro Salazar - Douglas Elliman

200 Southeast Mizner Boulevard

See Similar Deals
Condo4 SF
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Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,211,250
Total Square Footage:4 SF
Transaction Type:Sale

An exquisite condominium at 200 SE Mizner Blvd in Boca Raton has been sold for an impressive price of $4,845,000. This luxurious condo spans across 4,565 square feet and boasts a price per square foot of $1,061. Located in the desirable Alina Boca Raton development, this property offers a lavish and sophisticated living experience.

Summary of transation details

  • Property Type: Condo
  • Transaction Amount: $4,845,000
  • Square Footage: 4,565
  • Price per Square Foot: $1,061
  • Address: 200 SE Mizner Blvd, Boca Raton

Rochelle Lecavalier and Alejandro Salazar from Douglas Elliman represented the sellers, Alina Boca Raton, in this exceptional sale. Their expertise and professionalism played a crucial role in ensuring a successful transaction. Buyers were captivated by the charm and elegance of this condominium, making the decision to purchase an effortless one.

Players

Alejandro Salazar
4 deals$317.7M volume
BROKER

Rochelle LeCavalier
Douglas Elliman
3 deals$315M volume
BROKER

SELLER

Details

SOLD
IMAGE: Rochelle Lecavalier & Alejandro Salazar DATE: 08/25/2022 ADDRESS: 200 SE Mizner Blvd MARKET: Boca Raton ASSET TYPE: Condo SELLER: Alina Boca Raton BROKERS: Rochelle Lecavalier (@Rochelle.TV) & Alejandro Salazar (@Cpt_Salazar) - Douglas Elliman (@DouglasElliman) SALE PRICE: $4,845,000 SF: 4,565 ~ PPSF: $1,061

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$258,400.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,213.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,967.77
Annual Debt Service$275,613.26