Updated Sep 9, 2024
Kevin James Sells Oceanfront Mansion In Delray Beach For $12.7M
Delray Beach
$12,675,000
$1,102/SF
Building Size
11,502 SF
Asset Type
Single Family Residence
Closing
May 22, 2023
About this deal
AI
An LLC managed by private equity investor Kishore Mirchandani has purchased actor Kevin James' 11,502-square-foot oceanfront mansion in Delray Beach, Florida for $12,675,000. The property features six bedrooms, ten bathrooms, and various amenities.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $12,675,000
- Square Footage: 11,502
- Price Per Square Foot: $1,102
- Market: Delray Beach
- Buyer: Kishore Mirchandani
- Seller: Stephanie Anna & Kevin James
- Brokers: Pascal Liguori & Antonio Liguori - Premier Estate Properties
The sale of this property was facilitated by Pascal Liguori and Antonio Liguori of Premier Estate Properties, representing both the buyer and the seller in the transaction.
On the Map
$12,675,000
$1,102/SF
Single Family Residence
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Delray Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $12.7M for 11,502 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.25%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93