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Skyline Stewardship Realty Trust Acquires Boca Raton Mansion For $15 Million

Property Image
SOLD
$15,000,000
Jonathan Postma
Scott Eckert
DC

Florida

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Single Family Residence8,341 SF
Sold 07/03/2023
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Property Image
SOLD

Skyline Stewardship Realty Trust Acquires Boca Raton Mansion For $15 Million

310 E Alexander Palm Rd Boca Raton, FL 33432, USA

See Similar Deals
Single Family Residence8,341 SF
Sold 07/03/2023
Jonathan Postma
Scott Eckert
DC
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,798
Total Square Footage:8,341 SF
Transaction Type:Sale

A Boca Raton mansion owned by Byron G. Haseotes Jr., heir to Cumberland Farms, has been sold for $15 million. The property, located at 310 East Alexander Palm Road in the Royal Palm Yacht & Country Club, spans 0.34 acres and features an 8,341-square-foot living space. The luxurious mansion consists of six bedrooms, a pool, and other upscale amenities.

Summary of transaction details:

  • Property Type: Single-Family Residence (SFR)
  • Transaction Amount: $15,000,000
  • Market: Boca Raton
  • Square Footage: 8,341 SF

The buyer of the property is Skyline Stewardship Realty Trust, with Daniel P. Carbonneau serving as the trustee. Representing the buyer's interests, Scott Eckert from RPE Realty was involved in the transaction. On the other side, the seller was represented by Jonathan Postma from Coldwell Banker Realty.

It's worth mentioning that this stunning mansion in Boca Raton's Royal Palm Yacht & Country Club was sold for a significant amount, reflecting its exceptional features and prime location.

Players

Jonathan Postma
Coldwell Banker
Jonathan Postma
15 deals$334.3M volume
BROKER
Scott Eckert
Scott Eckert
1 deal$15M volume(561) 212-4447
BROKER
DC
Daniel P. Carbonneau
2 deals$22.1M volume
BUYER

Details

SOLD
IMAGE: Scott Eckert & Jonathan Postma DATE: 07/03/2023 ADDRESS: 310 East Alexander Palm Road MARKET: Boca Raton ASSET TYPE: SFR ~ ACRES: 0.34 BUYER: Skyline Stewardship Realty Trust - Daniel P. Carbonneau as trustee SELLER: Byron G. Haseotes Jr BUYER'S REP: Scott Eckert - RPE Realty (@rperealty ) SELLER'S REP: Jonathan Postma (@thejonathanpostmagroup )- Coldwell Banker Realty (@coldwellbanker ) SALE PRICE: $15,000,000 SF: 8,341 ~ PPSF: $1,798 NOTE: A Boca Raton mansion owned by Cumberland Farms heir, Byron G. Haseotes Jr., has been sold for $15 million. The 8,341-square-foot property, situated in the Royal Palm Yacht & Country Club, includes six bedrooms, a pool, and other luxurious features.

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Deal Type
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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