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1200 North Ocean Boulevard,...

Sherry M. Feldpausch Acquires Delray Beach Single Family For $16.5M
SOLDSingle Family Residence

Sherry M. Feldpausch Acquires Delray Beach Single Family For $16.5M

1200 North Ocean Boulevard, Delray Beach, Florida 33483, United States

$16,543,974

$2,748/SF

Building Size

6,019 SF

Asset Type

Single Family Residence

Closing

Aug 21, 2022

AI

A single-family home located at 1200 N Ocean Blvd in Delray Beach, FL has been sold in a recent transaction. The property spans 6,019 square feet and was purchased by Sherry M. Feldpausch from Stephen D Benjamin. The sale took place on August 22, 2022, at a price of $16,543,974. The price per square foot for this transaction amounts to $2,749.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $16,543,974
  • Buyer: Sherry M. Feldpausch
  • Seller: Stephen D Benjamin
  • SF: 6,019
  • PPSF: $2,749

Sherry M. Feldpausch was represented by their broker in this transaction.

Players

Stephen D Benjamin

Dermot Company

Broker

$937.8M

vol

8 deals

Broker
Stephen D Benjamin

Stephen D Benjamin

Seller

$937.8M

vol

8 deals

Seller

Delray 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