Jerry & Sharon Isackson Acquire SFR In Boca Raton For $7.8M
1739 Royal Palm Way, Boca Raton, FL, USA
$7,825,000
$888/SF
Building Size
8,811 SF
Asset Type
Single Family Residence
Closing
Dec 15, 2020
AI
A single-family home located at 1739 Royal Palm Way in Boca Raton was recently sold for $7,825,000. This property, spanning approximately 8,811 square feet, was purchased by Jerry and Sharon Isackson of Bryan Ashley International. The seller of the property was Carl E. Klepper Jr. of Compson Associates. The transaction took place on December 16, 2020. The buyer was represented by David Roberts of Royal Palm Properties, while the seller was represented by Jacqueline Feldman of Premier Estate Properties.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $7,825,000
- Address: 1739 Royal Palm Way
- Market: Boca Raton
- Buyer: Jerry & Sharon Isackson - Bryan Ashley International
- Seller: Carl E. Klepper Jr. - Compson Associates
- Buyer's Representative: David Roberts - Royal Palm Properties
- Seller's Representative: Jacqueline Feldman - Premier Estate Properties
- Size: 8,811 square feet
- Price per square foot: $888
Jerry and Sharon Isackson, who represent Bryan Ashley International, purchased this SFR property from Carl E. Klepper Jr. The buyer was represented by David Roberts of Royal Palm Properties, while the seller was represented by Jacqueline Feldman of Premier Estate Properties. This transaction highlights the significant involvement of these key individuals and companies in the sale of the property on Royal Palm Way.
Players
Boca Raton 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
2.03%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93