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1758 Sabal Palm Drive

Andrew A. Whitmore Of Motivair Acquires Boca Raton Mansion From Carl Klepper Jr. For $15.32M
SOLDSingle Family

Andrew A. Whitmore Of Motivair Acquires Boca Raton Mansion From Carl Klepper Jr. For $15.32M

1758 Sabal Palm Drive

$15,320,000

$1,807/SF

Building Size

8,474 SF

Asset Type

Single Family

Closing

Apr 28, 2025

AI

The property involved in the transaction is a single-family home located at 1758 Sabal Palm Drive, Boca Raton. It encompasses 0.33 acres and features 8,474 square feet of living space. The sale price for the asset was $15,320,000, which translates to a price per square foot of $1,808. The transaction took place within the Boca Raton market.

Summary of transaction details:

Andrew A. Whitmore, co-owner of the cooling firm Motivair, was the buyer of the property, while Carl Klepper Jr., associated with Compson Associates, acted as the seller’s representative through a trust. Jacqueline Feldman from One Sotheby’s International Realty represented the buyer in the transaction, and David W. Roberts from Royal Palm Properties represented the seller, facilitating the deal on April 28, 2025.

Players

David Roberts

Royal Palm Properties

Broker

$417.2M

vol

28 deals

Broker
CA
Compson AssociatesSeller

Boca Raton Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.04%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93