David Hall & Sonia Hall Of Compass Represent Buyer In $7.2M Boca Raton Condo Sale
SOLD
$7,200,000
Florida
See Similar DealsCondo4,256 SF
Sold 05/12/2025
SOLD
David Hall & Sonia Hall Of Compass Represent Buyer In $7.2M Boca Raton Condo Sale
220 Southeast Mizner Boulevard
See Similar DealsCondo4,256 SF
Sold 05/12/2025
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,691
Total Square Footage:4,256 SF
Transaction Type:Sale
The asset involved in the transaction is a condo located at 220 Southeast Mizner Boulevard, Boca Raton. It has a total square footage of 4,256 and was sold for a price of $7,200,000, resulting in a price per square foot of $1,691.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $7,200,000
- Address: 220 Southeast Mizner Boulevard, Boca Raton
- Square Footage: 4,256
- Price per Square Foot: $1,691
- Seller: El-Ad Mizner
- Buyer's Representatives: David Hall (www.HallLuxuryHomes.com) & Sonia Hall - Compass
The transaction was represented on the buyer's side by David Hall and Sonia Hall, who are affiliated with Compass. This deal highlights the involvement of experienced agents in high-value real estate transactions.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$384,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$25,580.08
Cash-on-Cash Return-1.27%
Monthly Debt Service$34,131.67
Annual Debt Service$409,580.08
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