Updated Dec 19, 2023
Cindy O'Dare & Richard Boga Acquire 15 Acre Single Family Property In Vero Beach For $27M
Vero Beach, FL, USA
$27,000,000
$1,687/SF
Building Size
16,000 SF
Asset Type
Single Family Residence
Closing
Nov 23, 2021
About this deal
AI
The single-family property located in Vero Beach, encompassing 15 acres, was recently sold for a staggering $27,000,000. This exquisite estate spans 16,000 square feet, translating to a price per square foot of $1,688. The sale took place on November 23, 2021.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $27,000,000
- Market: Vero Beach
- Size: 15 acres
The deal was facilitated by Cindy O'Dare and Richard Boga from Premier Estate Properties. They represented the buyer and seller in this significant transaction.
Players
Vero Beach 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
0.59%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93