facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Single Family

/

Sale

/

3 Ocean Lane

Corinne Anna Buckley Purchases Manalapan Oceanfront Mansion From Alan B. Miller For $18.25M
SOLDSingle Family

Corinne Anna Buckley Purchases Manalapan Oceanfront Mansion From Alan B. Miller For $18.25M

3 Ocean Lane

$18,250,000

$2,546/SF

Building Size

7,167 SF

Asset Type

Single Family

Closing

Aug 8, 2024

AI

The property involved in this transaction is a single-family home located at 3 Ocean Lane in Manalapan, occupying 0.45 acres. It has a total area of 7,167 square feet and was sold for $18,250,000, which translates to a price per square foot of $2,546.

Summary of transaction details:

In this transaction, buyer Corinne Anna Buckley acquired the property from sellers Jill S. Miller and Alan B. Miller, who is associated with Universal Health Services. The deal was facilitated by representatives Matthew Moser and Nicholas Gonzalez from Serhant for the buyer, while the sellers were represented by Antonio Liguori and Pascal Liguori from Premier Estate Properties.

Players

Pascal Liguori

Premier Estate Properties

Broker

$219.2M

vol

10 deals

Broker
Axos Bank
Axos BankLender

Lantana Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.87%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93