Updated Oct 19, 2026
Brian L. Bilzin Acquires Single Family Home In Boca Raton For $6.1M
1871 Thatch Palm Drive, Boca Raton, FL, USA
$6,125,000
$957/SF
Building Size
6,397 SF
Asset Type
Single Family Residence
Closing
Mar 23, 2021
About this deal
AI
Located in Boca Raton, the single-family property at 1871 Thatch Palm Drive has been sold in a closed transaction. The property spans a total of 6,397 square feet, offering ample space for residents to enjoy. The sale price for this property was $6,125,000, resulting in a price per square foot of $957.
Summary of Transaction Details
- Property Type: Single Family
- Transaction Amount: $6,125,000
- Address: 1871 Thatch Palm Drive
- Market: Boca Raton
Brian L. Bilzin, a representative from Bilzin Sumberg, acted as the buyer in this transaction. Caryn Botknecht from Compass represented Brian L. Bilzin throughout the deal. On the seller's side, Kimberly Scaggs and William Joseph Scaggs from SRD Building Corp. were responsible for selling the property. David W. Roberts, a representative from Royal Palm Properties, represented the sellers throughout the transaction.
On the Map
$6,125,000
$957/SF
Single Family Residence
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Players
Boca Raton Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $957 per square foot on a published $6.1M for 6,397 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.59%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93