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3515 S Ocean Blvd.,

William Raveis Real Estate Represents Both Seller And Buyer In $9.55M Highland Beach SFR Sale
SOLDSingle Family Residence

William Raveis Real Estate Represents Both Seller And Buyer In $9.55M Highland Beach SFR Sale

3515 S Ocean Blvd.,

$9,550,000

$2,192/SF

Building Size

4,356 SF

Asset Type

Single Family Residence

Closing

Sep 30, 2022

AI

The property involved in this transaction is a single-family residence located at 3515 S Ocean Blvd, Highland Beach. The sale was completed at a price of $9,550,000, encompassing a total square footage of 4,356 square feet, resulting in a price per square foot of $2,192.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $9,550,000
  • Square Footage: 4,356
  • Price Per Square Foot: $2,192
  • Address: 3515 S Ocean Blvd
  • Market: Highland Beach
  • Brokers: Matthew Bachrad & Danielle Stern - William Raveis Real Estate
  • Note: This was an Off Market Deal! We represented both the seller and the buyer on this transaction.

Matthew Bachrad and Danielle Stern from William Raveis Real Estate are the brokers who facilitated this transaction, representing both the seller and the buyer throughout the process. Their expertise played a crucial role in completing this off-market deal.

Players

Matthew M. Bachrad

William Raveis Real Estate

Broker

$51.4M

vol

13 deals

Broker

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

1.66%

Cash-on-Cash

-0.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93