BEX Realty, LLC Acquires SFR In Boca Raton For $5.58M With Buyer's Rep Bonnie Heatzig
SOLD
$5,580,000
Florida
See Similar DealsSingle Family Residence8,006 SF
Sold 08/28/2020
SOLD
BEX Realty, LLC Acquires SFR In Boca Raton For $5.58M With Buyer's Rep Bonnie Heatzig
348 East Coconut Palm Road, Boca Raton, FL, USA
See Similar DealsSingle Family Residence8,006 SF
Sold 08/28/2020
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$697
Total Square Footage:8,006 SF
Transaction Type:Sale
An SFR located at 348 E Coconut Palm Rd in Boca Raton recently sold for $5,580,000. The property spans 8,006 square feet, resulting in a price per square foot of $697.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $5,580,000
- Address: 348 E Coconut Palm Rd, Boca Raton
- Market: Boca Raton
The seller's representative, David Roberts of Royal Palm Properties LLC, facilitated the transaction for the seller. On the other hand, the buyer was represented by Bonnie Heatzig of BEX Realty, LLC.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$297,600.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,824.56
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,452.05
Annual Debt Service$317,424.56
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