Ken Goodman And Zac Goodman Acquire Mixed-Use Property In Boca Raton For $40 Million
7000 West Camino Real
$40,000,000
$211/SF
Building Size
189,533 SF
Asset Type
Mixed-use
Closing
May 28, 2026
AI
The property asset involved in this transaction is a mixed-use building located at 7000 West Camino Real in the Boca Raton market. The sale was finalized for a transaction amount of $40,000,000. The property spans a total area of 189,533 square feet, resulting in a price per square foot of $211.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $40,000,000
- Address: 7000 West Camino Real
- Market: Boca Raton
- Square Footage: 189,533
- Price per Square Foot: $211
- Buyer: Ken Goodman & Zac Goodman
- Seller: James Caprio
- Seller's Representative: Nelson Garcia & Jamie Zambrana - RARE CRE
The deal involved Ken Goodman and Zac Goodman as the buyers, purchasing the property from seller James Caprio. The seller was represented by Nelson Garcia and Jamie Zambrana from RARE CRE during the transaction.
Players
Boca Raton Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.40%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93