Updated Jul 24, 2025
Jonathan Postma Of Coldwell Banker Represents Record Sale Of Delray Beach Single Family For $51.12M
2325 South Ocean Boulevard
$51,124,175
$1,649/SF
Building Size
31,000 SF
Asset Type
Single Family Residence
Closing
Jul 17, 2025
About this deal
AI
The property asset involved in this transaction is a single-family home located at 2325 South Ocean Boulevard in Delray Beach. It was sold for $51,124,175, encompassing a total area of 23,136 square feet, resulting in a price per square foot of $2,210.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $51,124,175
- Square Footage: 23,136
- Price per Square Foot: $2,210
- Market: Delray Beach
- Broker: Jonathan Postma - Coldwell Banker
This transaction marks a record-breaking sale as the highest sale to date on Delray Beach, showcasing the notable achievements in the local real estate market.
Delray Beach 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
0.31%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93