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1107 Hillsboro Mile, Hillsb...

Gregory S. Gefen Acquires SFR On Hillsboro Mile For $20M
SOLDSingle Family Residence

Gregory S. Gefen Acquires SFR On Hillsboro Mile For $20M

1107 Hillsboro Mile, Hillsboro Beach, FL, USA

$20,000,000

$1,535/SF

Building Size

13,023 SF

Asset Type

Single Family Residence

Closing

Feb 8, 2021

AI

The property involved in this transaction is a single-family home located at 1107 Hillsboro Mile in Hillsboro Beach. The property has a total square footage of 13,023, with a price per square foot of $1,536. The transaction took place on February 9, 2021, and the property was sold for a total amount of $20,000,000.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $20,000,000
  • Square Footage: 13,023
  • Price per Square Foot: $1,536
  • Address: 1107 Hillsboro Mile
  • Market: Hillsboro Beach

The buyer in this transaction is Gregory S. Gefen, while the sellers are Deborah Acosta and Sean Acosta of Property Tax Reduction Consultants. John Poletto from One Sotheby’s International Realty represented the buyer, and Julie Ann Giachetti from Lang Realty represented the sellers.

Players

Julie Ann Giachetti

Lang Realty

Broker

$20M

vol

1 deal

Broker

Hillsboro Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.79%

Cash-on-Cash

-0.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93