David Hall & Sonia Hall Of Hall Luxury Homes Group Represent Seller In Boca Raton Condo Sale For $4.425M
SOLD
$4,425,000
Florida
See Similar DealsCondo4,168 SF
Sold 01/30/2025
SOLD
David Hall & Sonia Hall Of Hall Luxury Homes Group Represent Seller In Boca Raton Condo Sale For $4.425M
400 Southeast 5th Avenue
See Similar DealsCondo4,168 SF
Sold 01/30/2025
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,061
Total Square Footage:4,168 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$235,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,721.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,976.76
Annual Debt Service$251,721.09
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