Compass Florida Acquires SFR In Hillsboro Beach For $20.4M
1001 Hillsboro Mile, Hillsboro Beach, FL, USA
$20,400,000
$1,613/SF
Building Size
12,640 SF
Asset Type
Single Family Residence
Closing
Dec 14, 2020
AI
An SFR located at 1001 Hillsboro Mile in Hillsboro Beach was recently sold for $20,400,000. The property spans 12,640 square feet, resulting in a price per square foot of $1,614. The transaction took place on December 15, 2020.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $20,400,000
- Address: 1001 Hillsboro Mile
- Market: Hillsboro Beach
- Buyer's Rep: Joshua Cosenza - Compass Florida, LLC
- Seller's Rep: Julie Jones-bernard - Florida Luxurious Properties
Joshua Cosenza from Compass Florida, LLC represented the buyer in the transaction, while Julie Jones-bernard from Florida Luxurious Properties represented the seller.
Players
Hillsboro Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.78%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93