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550 Southeast 5th Avenue

David Hall & Sonia Hall Of Compass Facilitate Sale Of Mizner Grand Condo In Boca Raton For $3.5M
SOLDCondo

David Hall & Sonia Hall Of Compass Facilitate Sale Of Mizner Grand Condo In Boca Raton For $3.5M

550 Southeast 5th Avenue

$3,500,000

$830/SF

Building Size

4,213 SF

Asset Type

Condo

Closing

Jan 14, 2026

AI

The property involved in the transaction is a condo located at 550 Southeast 5th Avenue, Boca Raton. The sale price for the property was $3,500,000, and it encompasses an area of 4,213 square feet, resulting in a price per square foot of $830. The property is part of Mizner Grand Condo, situated in Mizner Village on the grounds of The Boca Raton Resort.

Summary of transation details:

  • Property Type: Condo
  • Transaction Amount: $3,500,000
  • Square Footage: 4,213
  • Price Per Square Foot: $830
  • Address: 550 Southeast 5th Avenue, Boca Raton
  • Brokers: David Hall & Sonia Hall - Compass

The brokers representing the transaction, David Hall and Sonia Hall, are affiliated with Compass and played a crucial role in finalizing the sale of the condo. Their involvement highlights the professional representation present in the property transaction.

Players

David Hall

Compass

Broker

$57.7M

vol

15 deals

Broker
Compass
CompassBrokerage

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

4.53%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93