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215 Coconut Palm Road

Bridget Maguire Acquires Mansion In Boca Raton For $19.5M
SOLDSingle Family

Bridget Maguire Acquires Mansion In Boca Raton For $19.5M

215 Coconut Palm Road

$19,500,000

$2,431/SF

Building Size

8,019 SF

Asset Type

Single Family

Closing

Jun 14, 2024

AI

The mansion at 215 Coconut Palm Road in Boca Raton, purchased by Bridget Maguire from Vincenzo and Donna Ferrara, boasts five bedrooms, six bathrooms, two half-bathrooms, a gym, wine room, pool, and dock. This luxurious property, built in 2022 by SRD Building, is situated in Royal Palm Yacht & Country Club and stands as the highest-priced home in the neighborhood, with a sale price of $19.5 million.

Summary of transaction details:

Bridget Maguire, the founder of a prominent legal recruiting firm, made this significant acquisition through a trust. The purchase of this exceptional property reflects the upscale allure of Boca Raton's luxury real estate market, with the deal facilitated by David Roberts of Royal Palm Properties.

Players

David Roberts

Royal Palm Properties

Broker

$417.2M

vol

28 deals

Broker

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

0.81%

Cash-on-Cash

-0.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93