Updated Dec 20, 2023
Chris Leavitt Acquires Palm Beach SFR For $25.6M
466 South Ocean Boulevard, Boca Raton, Florida 33432, United States
$25,580,000
$2,558/SF
Building Size
10,000 SF
Asset Type
Single Family Residence
Closing
Jun 22, 2022
About this deal
AI
Located at 466 S Ocean Blvd in Palm Beach, this single-family residential property was recently sold. The property spans 10,000 square feet and was sold for a total price of $25,580,000, resulting in a price per square foot of $2,558.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $25,580,000
- Date: 06/23/2022
- Market: Palm Beach
The buyer's representative in this transaction was Chris Leavitt from Douglas Elliman Real Estate, while the seller's representative was Suzanne Frisbie from Corcoran.
This successful real estate deal highlights the expertise and professionalism of Chris Leavitt from Douglas Elliman Real Estate and Suzanne Frisbie from Corcoran. Their knowledge and negotiation skills contributed to the smooth completion of this transaction.
Players
Boca Raton Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $2.6K per square foot on a published $25.6M for 10,000 square feet (2022).
Visit Suzanne Frisbie to view all their deals.
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.62%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93