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995 South Ocean Boulevard, ...

Updated Oct 29, 2024

PMD Enterprises LLC Acquires SFR In Delray Beach For $8.4M
SOLDSingle Family Residence

PMD Enterprises LLC Acquires SFR In Delray Beach For $8.4M

995 South Ocean Boulevard, Delray Beach, FL, USA

$8,400,000

$1,367/SF

Building Size

6,143 SF

Asset Type

Single Family Residence

Closing

Jan 4, 2020

About this deal

AI

Located in Delray Beach, the property at 995 South Ocean Boulevard was recently sold in a closed transaction. The single-family residence spans a total of 6,143 square feet. The sale took place on January 5, 2020, with an overall transaction amount of $8,400,000. This equates to a price per square foot of $1,367.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $8,400,000

The buyer, PMD Enterprises LLC, was represented by Dayna A. Martz. On the other hand, Glass Investments LLC, with David Glass as its representative, acted as the seller in this deal.

Players

Delray Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $1.4K per square foot on a published $8.4M for 6,143 square feet (2020).

Browse Florida single family residence sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.89%

Cash-on-Cash

-0.54%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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