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2325 South Ocean Boulevard

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

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

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.

Players

Jonathan Postma

Coldwell Banker

Broker

$334.3M

vol

15 deals

Broker

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