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824 Pelican Point Cove, Boc...

Courtney Bafer Acquires $12.1M Single Family Property In Boca Raton
SOLDSingle Family Residence

Courtney Bafer Acquires $12.1M Single Family Property In Boca Raton

824 Pelican Point Cove, Boca Raton, FL, USA

$12,125,000

$1,646/SF

Building Size

7,364 SF

Asset Type

Single Family Residence

Closing

Apr 8, 2021

AI

A single-family home located at 824 Pelican Point Cove in Boca Raton has been sold in a recent transaction. The property spans 7,364 square feet and was purchased for a price of $12,125,000, resulting in a price per square foot of $1,647. The transaction took place on April 9, 2021.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $12,125,000
  • Address: 824 Pelican Point Cove
  • Market: Boca Raton

Courtney Bafer and Alexander Bafer, representing Brick Top Holdings, acted as the buyers in this transaction. The seller was 824Pelican LLC. Courtney Bafer, from Luxury Partners Realty, represented the buyers in the deal. On the other hand, Joseph G. Liguori, Gerard P. Liguori, and Carmen N. D’Angelo Jr. from Premier Estate Properties represented the seller.

Players

Gerard Liguori

Premier Estate Properties

Broker

$193.3M

vol

10 deals

Broker

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

1.31%

Cash-on-Cash

-0.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93