Updated Dec 21, 2023
Signature One Luxury Estates LLC Acquires SFR At 1889 Sabal Palm Drive, Boca Raton For $5.5M
1889 Sabal Palm Dr, Boca Raton, FL 33432, USA
$5,500,000
$647/SF
Building Size
8,500 SF
Asset Type
Single Family Residence
Closing
Aug 6, 2020
About this deal
AI
The property located at 1889 Sabal Palm Drive in Boca Raton has been sold in a closed transaction. The single-family residence (SFR) spans an area of 8,500 square feet and was sold at a price of $5,500,000, resulting in a price per square foot (PPSF) of $647. The property is situated in the market of Boca Raton.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $5,500,000
- SF: 8,500
- PPSF: $647
The seller's representative for this transaction was Lisa Galante from Lang Realty, while the buyer's representative was Marcy Javor from Signature One Luxury Estates LLC.
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
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93