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327 East Royal Palm Road

Jason Housenbold Acquires Condo In Boca Raton For $2.65M
SOLDCondo

Jason Housenbold Acquires Condo In Boca Raton For $2.65M

327 East Royal Palm Road

$2,650,000

$843/SF

Building Size

3,143 SF

Asset Type

Condo

Closing

Dec 20, 2023

AI

A condominium located at 327 East Royal Palm Road in Boca Raton has been sold in a closed transaction. The property, measuring 3,143 square feet, was sold for a price of $2,650,000, resulting in a price per square foot of $843. The transaction took place on December 20, 2023.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $2,650,000
  • Address: 327 East Royal Palm Road
  • Market: Boca Raton

The buyer in this transaction was Jason Housenbold. The seller was John Roberts, and the seller's representatives were Danielle Stern and Matthew M. Bachrad from William Raveis Real Estate.

Note from Seller's Rep: @yourluxurylisting is proud to announce another successful sale in the heart of Downtown Boca Raton! For any of your real estate needs from Boca Raton to Palm Beach and New York, please 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

5.99%

Cash-on-Cash

-1.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93