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Mary Jane Fortin's Thrivent Acquires Townhouse In Highland Beach For $5.9M

Property Image
SOLD
$5,900,000
Stephen Brendle
Jennifer Kilpatrick
Deena Dick

Florida

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Other4,082 SF
Sold 05/02/2022
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Property Image
SOLD

Mary Jane Fortin's Thrivent Acquires Townhouse In Highland Beach For $5.9M

4519 South Ocean Boulevard, Highland Beach, Florida 33487, United States

See Similar Deals
Other4,082 SF
Sold 05/02/2022
Stephen Brendle
Jennifer Kilpatrick
Deena Dick
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Other
Price Per Square Foot:$1,445
Total Square Footage:4,082 SF
Transaction Type:Sale

A townhouse located at 4519 South Ocean Boulevard in Highland Beach has been sold for $5,900,000. The property spans 4,082 square feet, resulting in a price per square foot of $1,445. The sale took place on May 2, 2022.

Summary of transaction details

  • Property Type: Townhouse
  • Transaction Amount: $5,900,000
  • Address: 4519 South Ocean Boulevard
  • Market: Highland Beach

The buyer of this townhouse is Mary Jane Fortin, representing Thrivent. Nadiya Alibhai is the seller of the property. Stephen Brendle, from Boca Raton Lang Realty, acted as the buyer's representative. Deena Dick and Jennifer Kilpatrick, from The Corcoran Group, represented the seller in the transaction.

Players

Stephen Brendle
Lang Realty
Stephen Brendle
1 deal$5.9M volume
BROKER
Deena Dick
The Corcoran Group
Deena Dick
1 deal$5.9M volume
BROKER
Jennifer Kilpatrick
The Corcoran Group
Jennifer Kilpatrick
1 deal$5.9M volume
BROKER

Details

SOLD
IMAGE: Stephen Brendle, Jennifer Kilpatrick, Mary Jane Fortin & Deena Dick DATE: 05/02/2022 ADDRESS: 4519 South Ocean Boulevard MARKET: Highland Beach ASSET TYPE: Townhouse BUYER: Mary Jane Fortin - Thrivent SELLER: Nadiya Alibhai BUYER'S REP: Stephen Brendle - Boca Raton Lang Realty SELLER'S REP: Deena Dick & Jennifer Kilpatrick - The Corcoran Group SALE PRICE: $5,900,000 SF: 4,082 ~ PPSF: $1,445

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$314,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$20,961.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,969.01
Annual Debt Service$335,628.12