facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Single Family Residence

/

Sale

/

3632 South Ocean Boulevard

Patrick McGrath Acquires SFR In Highland Beach From Paul Davis For $2.75M
SOLDSingle Family Residence

Patrick McGrath Acquires SFR In Highland Beach From Paul Davis For $2.75M

3632 South Ocean Boulevard

$2,750,000

$789/SF

Building Size

3,484 SF

Asset Type

Single Family Residence

Closing

Feb 9, 2023

AI

A single-family home located at 3632 South Ocean Boulevard in Highland Beach has been sold for $2,750,000. The property spans a total of 3,484 square feet, resulting in a price per square foot of $789. The transaction took place on February 9, 2023.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $2,750,000
  • Address: 3632 South Ocean Boulevard
  • Market: Highland Beach

Danielle Stern and Matthew M. Bachrad, representing William Raveis Real Estate, served as the brokers in this transaction. Notably, @yourluxurylisting represented both the buyer, Patrick McGrath, and the seller, Paul Davis. For any real estate needs in the Boca Raton to Palm Beach and New York City areas, please contact @yourluxurylisting at their website https://yourluxurylisting.com/.

Players

Matthew M. Bachrad

William Raveis Real Estate

Broker

$51.4M

vol

13 deals

Broker

Market Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.77%

Cash-on-Cash

-1.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93