David Hall & Sonia Hall Of Compass Sell Condo At Mizner Grand In Boca Raton For $5.5M
550 Southeast 5th Avenue
$5,500,000
$942/SF
Building Size
5,835 SF
Asset Type
Condo
Closing
Jul 14, 2025
About this deal
AI
The condo located at 550 Southeast 5th Avenue - Mizner Grand, on the grounds of The Boca Raton Resort & Club, has been sold for $5,500,000. The property encompasses 5,835 square feet, resulting in a price per square foot of $942 in the Boca Raton market.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $5,500,000
- Square Footage: 5,835
- Price per Square Foot: $942
- Address: 550 Southeast 5th Avenue - Mizner Grand, on the grounds of The Boca Raton Resort & Club
- Market: Boca Raton
- Brokers: David Hall & Sonia Hall - Compass
David Hall and Sonia Hall represented the buyer and seller in this transaction, facilitating the sale through their agency, Compass. Their involvement underscores the role of experienced brokers in high-value property deals.
Players
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
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93