Jeffrey And Jill Herzog Sell Delray Beach Mansion To ST Land Trust For $23.5M
9480 Bent Grass Court
$23,500,000
$1,690/SF
Building Size
13,900 SF
Asset Type
Single Family
Closing
May 8, 2025
AI
A 13,900-sf single-family mansion located at 9480 Bent Grass Court, Delray Beach was sold for $23.5 million. The property was previously purchased in 2018 for $10.6 million, and the transaction occurred off-market. The price per square foot for this sale stands at $1,691.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $23,500,000
- Seller: Jill Herzog; Jeffrey Herzog
- Agency: Avenue Z
- Market: Delray Beach
- Square Footage: 13,900
- Price Per Square Foot: $1,691
The property was acquired by the ST Land Trust, adding to the series of significant real estate transactions in Delray Beach involving high-profile individuals.
Players
Delray Beach 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
0.68%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93