Issac & Liat Toledano Acquire 151 Acre Development Site In Wellington For $20,750,000
SOLD
$20,750,000
Florida
See Similar DealsDevelopment Site6,577,320 SF
Sold 05/26/2026
SOLD
Issac & Liat Toledano Acquire 151 Acre Development Site In Wellington For $20,750,000
2470 Greenview Cove Drive
See Similar DealsDevelopment Site6,577,320 SF
Sold 05/26/2026
Summary
FLORIDA
Asset Type:Development Site
Price Per Square Foot:$3
Total Square Footage:6,577,320 SF
Transaction Type:Sale
The property asset involved in the transaction is a development site located at 2470 Greenview Cove Drive in Wellington. The asset spans 151 acres and was sold for a transaction amount of $20,750,000.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $20,750,000
- Buyer: Issac & Liat Toledano - BH Group
- Broker: Paul Shooster - Dodge Real Estate Corp
- Date of Sale: 05/26/2026
The deal was executed with Issac and Liat Toledano representing the BH Group as the buyers. Paul Shooster acted as the broker from Dodge Real Estate Corp, facilitating the transaction.
Players
BUYER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,106,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$73,720.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$98,365.59
Annual Debt Service$1,180,387.03
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