Mixed-Use Property Sold In Lake Worth For $2,414,000 With Brokers Gregory Koenig & Donald Moliver
7290 Covered Bridge Boulevard
$2,414,000
$229/SF
Building Size
10,516 SF
Asset Type
Mixed-use
Closing
Aug 27, 2026
About this deal
AI
The mixed-use property located at 7290 Covered Bridge Boulevard in Lake Worth has been sold for $2,414,000. The asset encompasses a total square footage of 10,516, resulting in a price per square foot of $229.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,414,000
- Square Footage: 10,516
- Price per Square Foot: $229
- Address: 7290 Covered Bridge Boulevard
- Market: Lake Worth
- Brokers: Gregory Koenig & Donald Moliver - Kislak
Gregory Koenig and Donald Moliver represented the seller in this transaction. Their brokerage, Kislak, facilitated the sale, highlighting their involvement in managing the details of the deal.
On the Map
$2,414,000
$229/SF
Mixed-use
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Lake Worth 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
6.57%
Cash-on-Cash
-1.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93