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2700 North Ocean Drive

Updated Dec 4, 2024

Vickie Arcuri Of Coldwell Banker Represents Sale Of Condo In Riviera Beach For $4.3M
SOLDCondo

Vickie Arcuri Of Coldwell Banker Represents Sale Of Condo In Riviera Beach For $4.3M

2700 North Ocean Drive

$4,300,000

$1,192/SF

Building Size

3,605 SF

Asset Type

Condo

Closing

Sep 10, 2024

About this deal

AI

The condo located at 2700 North Ocean Drive Unit 1901A in Riviera Beach has an asking price of $4,550,000 and was sold for $4,300,000. The property covers an area of 3,605 square feet, resulting in a price per square foot of $1,192. It features a spacious 3-Bedroom + Den floor plan, large balconies, a private elevator entry, and offers beautiful views of the Ocean and Intracoastal.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $4,300,000
  • Address: 2700 North Ocean Drive Unit 1901A
  • Market: Riviera Beach
  • Square Footage: 3,605
  • Price per Square Foot: $1,192
  • Broker: Vickie Arcuri - Coldwell Banker

The deal was represented by Vickie Arcuri from Coldwell Banker. The property is situated in a prime location on the Beach at The Ritz-Carlton Residences in Singer Island, enhancing its appeal in the market.

Players

Vickie Arcuri

Coldwell Banker

Broker

$39.9M

vol

9 deals

Broker

Riviera Beach Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Deal FAQ

About $1.2K per square foot on a published $4.3M for 3,605 square feet (2024).

Visit Vickie Arcuri to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.69%

Cash-on-Cash

-1.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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