Aucoin Family Trust Acquires Gulf Stream Oceanfront Compound For $16.7M
1465 N Ocean Blvd Delray Beach, FL 33483, USA
$16,700,000
$2,598/SF
Building Size
6,428 SF
Asset Type
Single Family Residence
Closing
Jul 13, 2023
AI
The oceanfront Gulf Stream compound located at 1465 North Ocean Boulevard has been sold for $16.7 million. The property, part of Lila Vanderbilt Webb's Miradero estate, offers five bedrooms and boasts luxurious amenities including spas and a pool. This stunning single-family residence spans across 6,428 square feet, resulting in a price per square foot of $2,598.
Summary of transaction details
- Property Type: Single Family Residence
- Transaction Amount: $16,700,000
- Address: 1465 North Ocean Boulevard
- Market: Gulf Stream
The Gulf Stream property was acquired by the Aucoin Family Trust, with Jean Aucoin representing J. Sonic Services as the buyer. The sale was facilitated by Candace Friis from The Corcoran Group, acting as the buyer's representative. Pascal Liguori and Antonio Liguori from Premier Estate Properties served as the seller's representatives in the transaction.
Players
Miami 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
0.95%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93