Fred DeFalco Of EXP Realty Sells 4.62-Acre Land In Boynton Beach For $6.5M
4595 Coconut Lane
$6,500,000
Building Size
—
Asset Type
Land
Closing
Mar 7, 2024
About this deal
AI
A 4.62-acre land parcel situated on Coconut Lane in Boynton Beach has been sold for $6.5 million.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $6,500,000
- Address: 4595 Coconut Lane
- Market: Boynton Beach
The transaction was facilitated by Fred DeFalco of EXP Realty.
The land sale at 4595 Coconut Lane in Boynton Beach, Florida sold for $6.5M in 2024. 4595 Coconut Lane is classified as Land on Traded. Fred DeFalco, EXP Realty appear on the sale alongside EXP Realty. This page is the Boynton Beach, Florida file for the 4595 Coconut Lane land sold: pricing, party profiles, and other closed land comps from the same Boynton Beach sit in the Market section below. Filter that Boynton Beach land set by closing date to see what else sold near 4595 Coconut Lane around 2024. Published consideration for 4595 Coconut Lane is $6.5M, dated 2024. Cite this Fred DeFalco Of EXP Realty Sells 4.62-Acre Land In Boynton Beach For $6.5M sale when underwriting similar land product around Boynton Beach, Florida.
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Boynton Beach Land Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93