Steve J Buchanan Acquires Single Family Home In Boca Raton For $40M
2455 South Ocean Boulevard, Boca Raton, Florida 33432, United States
$40,000,000
$2,858/SF
Building Size
13,996 SF
Asset Type
Single Family Residence
Closing
Mar 30, 1922
AI
The single-family property located at 2455 S Ocean Blvd in Boca Raton, FL was recently sold on March 31, 2022. The property spans a total of 13,996 square feet and was sold for a price of $40,000,000, resulting in a price per square foot of $2,858.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $40,000,000
- Address: 2455 S Ocean Blvd, Boca Raton, FL
- Market: Boca Raton, FL
- Buyer: Steve J Buchanan
- Seller: Bruce Leeds & Marina Rubio Ruiz
Steve J Buchanan acted as the buyer in this transaction, while Bruce Leeds & Marina Rubio Ruiz represented the seller.
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
0.40%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93