Evan Grayer's Simple Networks Acquires SFR In Hillsboro Beach For $23M
1007 Hillsboro Mile, Hillsboro Beach, FL, USA
$23,000,000
$2,112/SF
Building Size
10,887 SF
Asset Type
Single Family Residence
Closing
Mar 22, 2021
AI
A single-family residential property located at 1007 Hillsboro Mile in Hillsboro Beach has been sold for a price of $23,000,000. The property spans an area of 10,887 square feet, resulting in a price per square foot of $2,113. The transaction took place on 03/23/2021.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $23,000,000
- Address: 1007 Hillsboro Mile
- Market: Hillsboro Beach
Evan Grayer from Simple Networks acted as the buyer for this transaction, while Thomas S. and Michelle Murphy were the sellers. Karen Bellows from Florida Luxurious Properties represented the buyer, and Joseph G. Liguori, Gerard P. Liguori, and Carmen D’Angelo, Jr. from Premier Estate Properties served as the seller's representatives.
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
0.69%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93