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1739 Royal Palm Way, Boca R...

Jerry & Sharon Isackson Acquire SFR In Boca Raton For $7.8M
SOLDSingle Family Residence

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

David Roberts

Royal Palm Properties

Broker

$417.2M

vol

28 deals

Broker
Christie's International Real Estate
Christie's International Real EstateBrokerage

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