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250 South Ocean Boulevard

Vincent D'Aria & Jamie D'Aria Purchase Marbella Condo In Boca Raton For $2.05M
SOLDCondo

Vincent D'Aria & Jamie D'Aria Purchase Marbella Condo In Boca Raton For $2.05M

250 South Ocean Boulevard

$2,050,000

$1,343/SF

Building Size

1,526 SF

Asset Type

Condo

Closing

Oct 20, 2023

AI

The Marbella Condominium in Boca Raton, FL has recently set a record sale with a transaction date of 10/20/2023. The property, located at 250 South Ocean Boulevard, is a condo with a total area of 1,526 square feet. The sale price for this transaction was $2,050,000, resulting in a price per square foot of $1,343.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $2,050,000
  • Address: 250 South Ocean Boulevard, Boca Raton
  • Square Footage: 1,526 sqft

The buyer of this property is Vincent D'Aria and Jamie D'Aria, while the seller is Maria Lopez. Acting as the seller's representative for this transaction are Danielle Stern and Matthew M. Bachrad from William Raveis Real Estate.

@yourluxurylisting, the seller's representative, proudly announced this record sale at the Marbella Condominium. They also offer their real estate services for properties ranging from Boca Raton to Palm Beach and New York. For more information, you can contact @yourluxurylisting.

Players

Matthew M. Bachrad

William Raveis Real Estate

Broker

$51.4M

vol

13 deals

Broker

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

7.74%

Cash-on-Cash

-2.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93