Erin Omiatek & Zina Cortese Of One Sotheby’s International Realty Facilitate Boca Raton Condo Sale For $7.75M
800 South Ocean Boulevard
$7,750,000
$1,632/SF
Building Size
4,747 SF
Asset Type
Condo
Closing
Jan 13, 2025
About this deal
AI
The property involved in the transaction is a condo located at 800 South Ocean Boulevard, Boca Raton. It has a sale price of $7,750,000 and encompasses a total square footage of 4,747, resulting in a price per square foot of $1,632.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $7,750,000
- Square Footage: 4,747
- Price per Square Foot: $1,632
- Address: 800 South Ocean Boulevard
- Market: Boca Raton
The deal was represented by Erin Omiatek and Zina Cortese from One Sotheby’s International Realty. These individuals facilitated the transaction, contributing to the successful sale of the property.
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
2.05%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93