Kevin Tice Purchases Single Family Home From Juan Gomez & Lina Florez For $3.5M
SOLD
$3,500,000
Florida
See Similar DealsSingle Family Residence4,414 SF
Sold 03/27/2026
SOLD
Kevin Tice Purchases Single Family Home From Juan Gomez & Lina Florez For $3.5M
1504 Breakers West Boulevard
See Similar DealsSingle Family Residence4,414 SF
Sold 03/27/2026
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$792
Total Square Footage:4,414 SF
Transaction Type:Sale
The property involved in this transaction is a single-family home located at 1504 Breakers West Boulevard in West Palm Beach. The sale price of the asset was $3,500,000, with a total square footage of 4,414, resulting in a price per square foot of $792.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $3,500,000
- Address: 1504 Breakers West Boulevard
- Market: West Palm Beach
- Square Footage: 4,414
- Price Per Square Foot: $792
- Buyer: Kevin Tice
- Seller: Juan Gomez & Lina Florez
- Seller's Representative: Ian Danton - The Corcoran Group
Kevin Tice acquired the property from sellers Juan Gomez and Lina Florez, who were represented in the transaction by Ian Danton from The Corcoran Group. This sale marks a significant transaction within the West Palm Beach market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$186,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,434.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,591.79
Annual Debt Service$199,101.43
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