Updated Dec 19, 2023
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
About this deal
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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Deal FAQ
About $131 per square foot on a published $16.5M for 125,620 square feet (2020).
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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