Updated Oct 29, 2024
1040 South Ocean Boulevard SFR Sold For $25.75M In Manalapan By Pascal Liguori, Premier Estate Properties
1040 South Ocean Boulevard, Manalapan, FL, USA
$25,750,000
$1,554/SF
Building Size
16,570 SF
Asset Type
Single Family Residence
Closing
Jan 28, 2021
About this deal
AI
A single-family residence located at 1040 South Ocean Boulevard in Manalapan has been sold in a recent transaction. The property, spanning approximately 16,570 square feet, was sold for a total price of $25,750,000, equating to a price per square foot of $1,554. The sale was completed on January 29, 2021.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $25,750,000
- Square Footage: 16,570
- Address: 1040 South Ocean Boulevard
- Market: Manalapan
The buyer, identified as 1040 Ocean LLC, acquired the property from Whimsical Florida LLC, represented by Beth J. Kloiber. Pascal Liguori from Premier Estate Properties acted as the broker in this transaction.
On the Map
$25,750,000
$1,554/SF
Single Family Residence
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Ocean Ridge 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
0.62%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93