Susan De França Of Douglas Elliman Purchases $6.5M Condo From Noam Ziv In Boca Raton
200 Southeast Mizner Boulevard
$6,500,000
$1,524/SF
Building Size
4,265 SF
Asset Type
Condo
Closing
Jun 10, 2025
AI
The transaction involves a condo located at 200 Southeast Mizner Boulevard Alina 220 in Boca Raton, which was sold for $6,500,000. The property encompasses an area of 4,265 square feet and is part of the final phase of the luxury Alina Residences, recently completed by the developer El-Ad National Properties.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $6,500,000
- Buyer: Susan de França - Douglas Elliman
- Seller: Noam Ziv - El-Ad National Properties
- Lender: J.P. Morgan
- Price per Square Foot: $1,524
This transaction highlights notable professionals in real estate, with Susan de França representing Douglas Elliman in the purchase. The firm had previously marketed the project for El-Ad National Properties, indicating a close relationship between the firm and the development's completion.
Players
Boca Raton Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93