facebook
Traded Co logo
Submit

Jonathan Postma Of Coldwell Banker Represents Record Sale Of Delray Beach Single Family For $51.12M

Property Image
SOLD
$51,124,175

Florida

See Similar Deals
Single Family Residence31,000 SF
Sold 07/18/2025
the dealplayerscompscontact
Property Image
SOLD

Jonathan Postma Of Coldwell Banker Represents Record Sale Of Delray Beach Single Family For $51.12M

2325 South Ocean Boulevard

See Similar Deals
Single Family Residence31,000 SF
Sold 07/18/2025
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,649
Total Square Footage:31,000 SF
Transaction Type:Sale

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.

Players

Jonathan Postma
15 deals$334.3M volume
BROKER

Details

SOLD
IMAGE: Jonathan Postma DATE: 07/18/2025 ADDRESS: 2325 South Ocean Boulevard MARKET: Delray Beach ASSET TYPE: Single Family BROKER: Jonathan Postma (@TheJonathanPostmagroup) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $51,124,175 SF: 23,136 ~ PPSF: $2,210 NOTE FROM BROKER: Record breaking sale as the highest sale to date on Delray Beach.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$2,726,622.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$181,633.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$242,354.67
Annual Debt Service$2,908,256.06