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
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