Updated Jan 15, 2025
Lakiha And Mike Tyson Acquire Lakefront Mansion In Delray Beach For $13 Million
10468 El Caballo Court
$13,000,000
$1,058/SF
Building Size
12,286 SF
Asset Type
Single Family
Closing
Jan 14, 2025
About this deal
AI
A 12,286-square-foot single-family mansion located at 10468 El Caballo Court in Delray Beach has been sold for $13,000,000. The property spans 2.71 acres and features six bedrooms, nine bathrooms, an 80-foot pool, a bass pond, and a gym, indicating extensive amenities tailored to luxurious living.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $13,000,000
- Address: 10468 El Caballo Court
- Market: Delray Beach
- Square Footage: 12,286
- Price Per Square Foot: $1,058
- Buyers: Lakiha & Mike Tyson
- Buyer's Representative: Joseph Schneider - Wimbledon Real Estate
- Seller's Representatives: Joseph Creamer - Abigail Wapner Realty; Thomas DiBucci - Kingdom Living Properties
- Acres: 2.71
In this transaction, Mike Tyson was represented by Joseph Schneider, while the seller, Joseph Creamer, was supported by Thomas DiBucci. The deal underscores the involvement of multiple real estate professionals in facilitating the purchase of the property.
Players
Delray Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $13M for 12,286 square feet (2025).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93