Ria Parlante Purchases Boca Raton Condo From Carrie Mcguirk For $2.25M With Brokers Danielle Stern & Matthew M. Bachrad
250 South Ocean Boulevard
$2,250,000
$1,474/SF
Building Size
1,526 SF
Asset Type
Condo
Closing
Jul 20, 2026
AI
A corner condominium located at 250 South Ocean Boulevard Unit 18H in Boca Raton has been sold for $2,250,000. The condo encompasses a total square footage of 1,670, resulting in a price per square foot of $1,347. It offers direct ocean views and expansive views of Lake Boca Raton but requires total renovation.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,250,000
- Address: 250 South Ocean Boulevard Unit 18H
- Market: Boca Raton
- Square Footage: 1,670
- Price Per Square Foot: $1,347
- Buyer: Ria Parlante
- Seller: Carrie Mcguirk
- Broker Representatives: Danielle Stern & Matthew M. Bachrad - William Raveis Real Estate
The transaction involved Ria Parlante as the buyer and Carrie Mcguirk as the seller, with the brokerage represented by Danielle Stern and Matthew M. Bachrad from William Raveis Real Estate. The property is part of a market focused on luxury condominiums and country club communities in the region.
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
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93