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SA Fishing & Jordana DePaula Acquire SFR In Boca Raton For $5.05M

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SOLD
$5,050,000

Florida

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Single Family Residence6,108 SF
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SA Fishing & Jordana DePaula Acquire SFR In Boca Raton For $5.05M

610 Phillips Drive, Boca Raton, FL, USA

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Single Family Residence6,108 SF
Sold
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$826
Total Square Footage:6108 SF
Transaction Type:Sale

The property asset involved in this transaction is a single-family residence located at 610 Phillips Drive in Boca Raton. The house has a total square footage of 6,108 and was sold for $5,050,000, resulting in a price per square foot of $827.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $5,050,000
  • Address: 610 Phillips Drive
  • Market: Boca Raton
  • Square Feet: 6,108
  • Price Per Square Foot: $827
  • Buyer: Thomas Desernia - SA Fishing & Jordana DePaula
  • Seller: 610 Phillips Drive Holdings
  • Buyer's Representative: Jonathan Phillips - Keller Williams Realty
  • Seller's Representative: Joseph G. Liguori - Premier Estate Properties

Key individuals involved in the deal include Thomas Desernia, who is part of SA Fishing, and Jordana DePaula as the buyers. The sellers, 610 Phillips Drive Holdings, were represented by Joseph G. Liguori from Premier Estate Properties, while Jonathan Phillips from Keller Williams Realty represented the buyers in the transaction.

Players

Joseph Liguori
16 deals$315.6M volume
BROKER

Jonathan Phillips
2 deals$7.5M volume(561) 717-7229
BROKER

Details

SOLD
IMAGE: Joseph G. Liguori, Jordana DePaula, Thomas Desernia, & Jonathan Phillips DATE: 12/04/2020 ADDRESS: 610 Phillips Drive MARKET: Boca Raton ASSET TYPE: SFR BUYER: Thomas Desernia - SA Fishing & Jordana DePaula SELLER: 610 Phillips Drive Holdings BUYER'S REP: Jonathan Phillips - Keller Williams Realty SELLER'S REP: Joseph G. Liguori - Premier Estate Properties PRICE: $5,050,000 SF: 6,108 ~ PPSF: $827

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$269,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,941.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,939.58
Annual Debt Service$287,274.92