Updated Oct 19, 2026
Bradford & Theresa Kline Acquire Single Family Property In Boca Raton For $10.25M
8 South Ocean Boulevard, Boca Raton, FL, USA
$10,250,000
$1,137/SF
Building Size
9,009 SF
Asset Type
Single Family Residence
Closing
May 19, 2021
About this deal
AI
The single-family property located at 8 Ocean Pl in Boca Raton has been sold in a closed transaction. With a total area of 9,009 square feet, the property boasts a spacious living space for its occupants. The sale price for this property was $10,250,000, resulting in a price per square foot of $1,138.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $10,250,000
- Square Footage: 9,009
- Address: 8 Ocean Pl, Boca Raton
- Market: Boca Raton
The buyers of this property are Bradford & Theresa Kline, while the seller is Cp Property Group LLC. The involvement of these individuals and companies showcases the active participation in the real estate market. However, no additional information is available regarding the deal's key individuals and companies.
On the Map
$10,250,000
$1,137/SF
Single Family Residence
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Players
Boca Raton Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.55%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93