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1007 Hillsboro Mile, Hillsb...

Evan Grayer's Simple Networks Acquires SFR In Hillsboro Beach For $23M
SOLDSingle Family Residence

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

Gerard Liguori

Premier Estate Properties

Broker

$193.3M

vol

10 deals

Broker

Michelle Murphy

Seller

$24.9M

vol

2 deals

Seller

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