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3545 North Ocean Boulevard,...

Rabideau Guy Acquires Single Family Property In Delray Beach For $33M
SOLDSingle Family Residence

Rabideau Guy Acquires Single Family Property In Delray Beach For $33M

3545 North Ocean Boulevard, Delray Beach, Florida 33483, United States

$33,000,000

$3,698/SF

Building Size

8,922 SF

Asset Type

Single Family Residence

Closing

Feb 28, 1922

AI

The single-family property located at 3545 N Ocean Blvd in Delray Beach, FL, was recently sold on 03/01/22. The property spans across 8,922 square feet and was sold for a total price of $33,000,000, resulting in a price per square foot of $3,699.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $33,000,000
  • Address: 3545 N Ocean Blvd, Delray Beach, FL
  • Market: Delray Beach, FL
  • Square Footage: 8,922
  • Buyer: Rabideau Guy
  • Seller: Gary Clinton Scheier

Rabideau Guy played the role of the buyer in this transaction, while Gary Clinton Scheier acted as the seller.

Players

Guy Rabideau

Buyer

$109.2M

vol

6 deals

Buyer

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

0.48%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93