facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Single Family

/

Sale

/

Highland Beach, Florida, Un...

Moira S. Zelin And Leonard B. Zelin Acquire $7M Single Family Home In Highland Beach, Boca Raton
SOLDSingle Family

Moira S. Zelin And Leonard B. Zelin Acquire $7M Single Family Home In Highland Beach, Boca Raton

Highland Beach, Florida, United States

$7,000,000

$925/SF

Building Size

7,560 SF

Asset Type

Single Family

Closing

Feb 25, 2022

AI

A single-family property located in Highland Beach, Boca Raton has been sold for $7,000,000. The property spans over 7,560 square feet, resulting in a price per square foot of $926. The transaction took place on February 25, 2022, and the seller of the property was Adam Buss.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $7,000,000
  • Market: Highland Beach, Boca Raton
  • Square Footage: 7,560 sqft
  • Price per Square Foot: $926

The buyers of the property are Moira S. Zelin and Leonard B. Zelin from Precision Capital Partners. They were represented by Bonnie Heatzig from Douglas Elliman. On the other hand, the seller, Adam Buss, was represented by Candace Friis from The Corcoran Group. The deal was facilitated with the assistance of these experienced real estate professionals, ensuring a smooth transaction for all parties involved.

Players

Candace Friis

The Corcoran Group

Broker

$343.3M

vol

14 deals

Broker

Highland Beach 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

2.27%

Cash-on-Cash

-0.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93