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Highland Beach, FL, USA

Don Hankey Acquires Single Family Property In Highland Beach For $30.3M
SOLDSingle Family Residence

Don Hankey Acquires Single Family Property In Highland Beach For $30.3M

Highland Beach, FL, USA

$30,300,000

$2,775/SF

Building Size

10,916 SF

Asset Type

Single Family Residence

Closing

Oct 13, 2021

AI

Located in Highland Beach, this single-family property was recently sold at a transaction date of 10/13/2021. The property spans over 10,916 square feet, offering ample space for comfortable living. The sale price for this property was $30,300,000, resulting in a price per square foot of $2,776.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $30,300,000
  • Market: Highland Beach

The buyer of this property was Don Hankey, while the seller was the Moskow Management Trust represented by Eric Moskow. The transaction was facilitated by brokers Senada Adzem and Samantha Curry from Douglas Elliman, ensuring a smooth and successful deal for all parties involved.

Players

Senada Adzem

Douglas Elliman

Broker

$657.6M

vol

28 deals

Broker
Don Hankey

Don Hankey

Buyer

$143.5M

vol

5 deals

Buyer
MT
Moskow Management TrustSeller

Highland Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.52%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93