Updated Oct 28, 2024
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
About this deal
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.
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Delray Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $4.5K per square foot on a published $27.5M for 6,117 square feet (2022).
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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