Richard Sajiun Acquires Juno Beach Condo For $1.75M - Geva Bar & Kimiko Deguchi Represented The Buyer And Seller
450 Ocean Drive
$1,750,000
$1,250/SF
Building Size
1,400 SF
Asset Type
Condo
Closing
Aug 4, 2022
About this deal
AI
The 1,400 square foot condo located at 450 Ocean Dr apt 905 in Juno Beach has been sold for a price of $1,750,000. The property was purchased by Richard Sajiun from the seller, Steven E. Garshell. The sale was facilitated by Kimiko Deguchi from ONE Sotheby's International Realty, who represented the buyer, and Geva Bar, also from ONE Sotheby's International Realty, who represented the seller. The sale price per square foot for the condo was $1,250.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $1,750,000
- Address: 450 Ocean Dr apt 905, Juno Beach
- Market: Juno Beach
- Buyer: Richard Sajiun
- Seller: Steven E. Garshell
- Buyer's Representative: Kimiko Deguchi - ONE Sotheby's International Realty
- Seller's Representative: Geva Bar - ONE Sotheby's International Realty
The transaction involved the buyer, Richard Sajiun, and the seller, Steven E. Garshell. Kimiko Deguchi from ONE Sotheby's International Realty represented the buyer, while Geva Bar, also from ONE Sotheby's International Realty, represented the seller. This successful sale underscores the expertise and professionalism of these experienced real estate professionals.
On the Map
$1,750,000
$1,250/SF
Condo
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Juno Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.3K per square foot on a published $1.8M for 1,400 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93