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200 Southeast Mizner Boulev...

Leslee Shooster & Daniel Shooster Acquire Boca Raton Condo For $5.6M
SOLDDevelopment Site

Leslee Shooster & Daniel Shooster Acquire Boca Raton Condo For $5.6M

200 Southeast Mizner Boulevard, Boca Raton, Florida 33432, United States

$5,600,000

$14/SF

Building Size

392,040 SF

Asset Type

Development Site

Closing

Mar 29, 2022

AI

The property involved in this closed sale transaction is a condominium located at 200 Southeast Mizner Boulevard Unit 601 in Boca Raton. The asset has a total area of 4,836 square feet and was sold for a price of $5,600,000, resulting in a price per square foot of $1,158.

Summary of transaction details

The buyer of the property is Leslee Shooster and Daniel Shooster. The seller, El-Ad National Properties, was represented by Noam Ziv. Alex Platt from Compass acted as the buyer's representative in this closed transaction, while Alejandro Salazar and Rochelle LeCavalier from Douglas Elliman represented the seller.

Players

Alex Platt

Compass

Broker

$5.6M

vol

1 deal

Broker

Noam Ziv

El-Ad National Properties

Seller

$317.3M

vol

7 deals

Seller

Boca Raton Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.83%

Cash-on-Cash

-0.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93