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
- Property Type: Condo
- Transaction Amount: $5,600,000
- Market: Boca Raton
- Buyer: Leslee Shooster & Daniel Shooster
- Seller: El-Ad National Properties - Noam Ziv
- Buyer's Representative: Alex Platt - Compass
- Seller's Representatives: Alejandro Salazar & Rochelle LeCavalier - Douglas Elliman
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
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
2.83%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93