facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Single Family Residence

/

Loan

/

7859 Mandarin Drive, Boca R...

Updated Mar 11, 2025

Private Money Lenders Funds Construction Loan For Modern Masterpiece In Boca Raton
FINANCEDSingle Family Residence

Private Money Lenders Funds Construction Loan For Modern Masterpiece In Boca Raton

7859 Mandarin Drive, Boca Raton, Florida 33433, United States

$2,995,400

$336/SF

Building Size

8,900 SF

Asset Type

Single Family Residence

Closing

Jun 23, 2022

About this deal

AI

A construction loan was provided by Private Money Lenders, represented by Payam Pedram, to fund the ground-up construction of an impressive 8,900 square foot modern masterpiece located at 7859 Mandarin Dr in Boca Raton, FL. The loan amount for this project was $2,995,400.

Summary of transaction details

  • Property Type: Single-Family Residence
  • Transaction Amount: $2,995,400
  • Loan Type: Construction Loan
  • Loan Terms: Ground Up Construction
  • Lender: Private Money Lenders - Payam Pedram

This project, funded by a construction loan, showcases the collaboration between Private Money Lenders and their representative, Payam Pedram. The loan financed the development of a stunning 8,900 square foot modern home in Boca Raton, FL. This project exemplifies the dedication and expertise of the involved parties in bringing this remarkable property to life.

Players

Payam Pedram

Private Money Lenders

Lender

$6.5M

vol

2 deals

Lender
Private Money Lenders
Private Money LendersLender

Boca Raton Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Loan transactions

Loading comparables…

Deal FAQ

About $336 per square foot on a published $3M for 8,900 square feet (2022).

Visit Payam Pedram to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.30%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets