Alina Residences Boca Raton Sells Development Site On SE Mizner Blvd In Boca Raton For $304.5M
200 Southeast Mizner Boulevard
$304,541,822
$776/SF
Building Size
392,040 SF
Asset Type
Development Site
Closing
Aug 25, 2022
AI
200 SE Mizner Blvd - Alina Residences Boca Raton Phase I, located in Boca Raton, is a development site that was recently sold for $304,541,822. The property has a total square footage of 392,040, with a price per square foot of $777. The building's square footage is 332,693, and the price per building square foot is $915.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $304,541,822
- Building Square Footage: 332,693
- Price per Building Square Foot: $915
- Total Square Footage: 392,040
- Price per Square Foot: $777
- Address: 200 SE Mizner Blvd - Alina Residences Boca Raton Phase I, Boca Raton
- Market: Boca Raton
The seller of the property was Alina Residences Boca Raton, and the transaction was facilitated by brokers Rochelle Lecavalier, Alejandro Salazar (@Cpt_Salazar), and Kathy Koch Pitlake from Douglas Elliman.
Players
Boca Raton Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.05%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93