Updated Oct 29, 2024
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
About this deal
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
Highland Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $925 per square foot on a published $7M for 7,560 square feet (2022).
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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