James R. Lambert Acquires SFR In Hillsboro Beach For $16.5M
1115 Hillsboro Mile, Hillsboro Beach, FL 33062, Estados Unidos
$16,500,000
$131/SF
Building Size
125,620 SF
Asset Type
Single Family Residence
Closing
Oct 19, 2020
AI
The property located at 1115 Hillsboro Mile in Hillsboro Beach has been sold in a closed transaction. The single-family residence (SFR) was sold for a total of $16,500,000. The property spans an area of 12,562 square feet, resulting in a price per square foot (PPSF) of $1,313.
Summary of Transaction Details
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $16,500,000
- Square Footage: 12,562
- Price per Square Foot: $1,313
- Address: 1115 Hillsboro Mile
- Market: Hillsboro Beach
The buyer of the property is James R. Lambert, while the sellers are Ashley & Ed Brown. The broker involved in the deal is Jack Elkins from William Raveis Real Estate.
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
0.96%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93