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1115 Hillsboro Mile, Hillsb...

James R. Lambert Acquires SFR In Hillsboro Beach For $16.5M
SOLDSingle Family Residence

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

Jack Elkins

William Raveis Real Estate

Broker

$135.3M

vol

6 deals

Broker

Ed Brown

Seller

$22.8M

vol

2 deals

Seller

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

0.96%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93