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3565 North Ocean Boulevard

Estee Sausville Acquires Single Family Property In Gulf Stream For $27.5M
SOLDSingle Family Residence

Estee Sausville Acquires Single Family Property In Gulf Stream For $27.5M

3565 North Ocean Boulevard

$27,500,000

$4,495/SF

Building Size

6,117 SF

Asset Type

Single Family Residence

Closing

Jun 1, 2022

AI

Located at 3565 North Ocean Boulevard in Gulf Stream, this single-family property encompasses 0.8 acres. The property was sold on June 2, 2022, with a sale price of $27,500,000. The 6,117 square feet of space translates to a price per square foot of $4,496.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $27,500,000
  • Market: Gulf Stream
  • Address: 3565 North Ocean Boulevard
  • Acres: 0.8

The buyer, Estee Sausville, represented by Mitch Frank of Echo Fine Properties, acquired the property. The seller, Kimberly Caccavo from Face Your Grace, and James Caccavo from Steelpoint Capital Partners, completed the transaction. James Sausville captured an image of the property.

Players

Mitch Frank

Echo Fine Properties

Broker

$27.5M

vol

1 deal

Broker

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

0.58%

Cash-on-Cash

-0.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93