Alan And Judith Fellheimer Purchase Single Family Residence From Garbiso Family Trust For $4M
820 Ne Bay Isle Dr
$4,000,000
$813/SF
Building Size
4,917 SF
Asset Type
Single Family Residence
Closing
Mar 18, 2025
AI
The property involved in this transaction is a single-family residence located at 820 Ne Bay Isle Dr in Boca Raton. The transaction was finalized at a price of $4,000,000.00, and the property encompasses a square footage of 4,917.0.
Summary of transaction details:
- Property Type: Single Family Residence
- Transaction Amount: $4,000,000.00
- Address: 820 Ne Bay Isle Dr
- Market: Boca Raton
- Square Footage: 4,917.0
- Seller: Garbiso Family Trust
- Buyer: Alan and Judith Fellheimer
- Buyer's Representative: Andre Huyghues Despointes (Sutter & Nugent)
In this transaction, the Garbiso Family Trust acted as the seller while Alan and Judith Fellheimer were the buyers. The buyers were represented in the deal by Andre Huyghues Despointes from Sutter & Nugent.
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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93