David Hall & Sonia Hall Of Hall Luxury Homes Group Represent Seller In Boca Raton Condo Sale For $4.425M
400 Southeast 5th Avenue
$4,425,000
$1,061/SF
Building Size
4,168 SF
Asset Type
Condo
Closing
Jan 30, 2025
AI
400 Southeast 5th Avenue Unit 605N is a condo located in Boca Raton, featuring a sale priced at $4,425,000. The property encompasses a total area of 4,168 square feet, with a price per square foot calculated at $1,061.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $4,425,000
- Square Footage: 4,168
- Price Per Square Foot: $1,061
- Market: Boca Raton
- Seller's Representative: David Hall & Sonia Hall - Hall Luxury Homes Group - Compass
The transaction involved David Hall and Sonia Hall representing the seller through Hall Luxury Homes Group at Compass. Their expertise played a crucial role in facilitating this sale in the Boca Raton market.
Boca Raton Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.58%
Cash-on-Cash
-1.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93