William Raveis Real Estate Represents Both Seller And Buyer In $9.55M Highland Beach SFR Sale
SOLD
$9,550,000
Florida
See Similar DealsSingle Family Residence4,356 SF
Sold 09/30/2022
SOLD
William Raveis Real Estate Represents Both Seller And Buyer In $9.55M Highland Beach SFR Sale
3515 S Ocean Blvd.,
See Similar DealsSingle Family Residence4,356 SF
Sold 09/30/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,192
Total Square Footage:4,356 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$509,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$33,929.14
Cash-on-Cash Return-1.27%
Monthly Debt Service$45,271.87
Annual Debt Service$543,262.47
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