Updated Dec 18, 2023
Zvi Levin Sells Historic Home In Boca Raton For $3.35M
888 Oleander Street, Boca Raton, FL 33486
$3,350,000
$744/SF
Building Size
4,500 SF
Asset Type
Single Family Residence
Closing
Jun 18, 2020
About this deal
AI
A historic home in Boca Raton's Old Floresta neighborhood has been sold on June 18, 2021. The property, located at 888 Oleander Street, is one of Addison Mizner's original homes and holds significant historical value.
Summary of transaction details
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $3,350,000
- Address: 888 Oleander Street, Boca Raton
- Market: Boca Raton
- Square Footage: 4,500
The seller of the property was Zvi Levin, while the buyer's representative was Brian Pearl from The Pearl Antonacci Group at Compass. Brian Pearl represented the buyer in this transaction along with Vini Antonacci, another member of The Pearl Antonacci Group. The property, previously listed with an asking price of $2,999,000, sold for $350,000 above the initial asking price.
It is worth noting that this sale offers a glimpse into Boca Raton's historic homes market and the continued demand for unique properties with rich architectural history.
Players
Boca Raton Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $744 per square foot on a published $3.4M for 4,500 square feet (2020).
Visit Vincenza "Vini" Antonacci to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.74%
Cash-on-Cash
-1.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93