Paul Saunders' James River Capital Acquires Single Family Home In Highland Beach For $34.7M
Highland Beach, Florida, United States
$34,700,000
$2,092/SF
Building Size
16,582 SF
Asset Type
Single Family Residence
Closing
Feb 23, 2022
AI
A single-family property located in Highland Beach has been sold for $34,700,000 on February 24, 2022. The property spans 16,582 square feet, resulting in a price per square foot of $2,093. The seller of the property is Hamister's Estate.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $34,700,000
- Market: Highland Beach
- Buyer: Victoria Saunders
- Buyer's Representative: Marcy Javor - Signature One Luxury Estates
- Seller: Hamister's Estate
- Seller's Representatives: Joseph Liguori, Carmen D’Angelo Jr., and Gerard Liguori - Premier Estate Properties
Victoria Saunders, along with Paul Saunders from James River Capital, served as the buyer in this transaction. Marcy Javor of Signature One Luxury Estates represented the buyer's interests. On the other side, Joseph Liguori, Carmen D’Angelo Jr., and Gerard Liguori of Premier Estate Properties represented the seller. This sale marks a significant transaction in the Highland Beach market.
Players
Highland 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
0.46%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93