Updated Oct 29, 2024
Antonio Neri's Hewlett Packard Enterprises Sells Delray Beach Single Family Property For $14M With Senada Adzem - Douglas Elliman
Delray Beach, FL, USA
$14,000,000
$1,094/SF
Building Size
12,786 SF
Asset Type
Single Family
Closing
Nov 12, 2021
About this deal
AI
A single-family property in Delray Beach has been sold for $14,000,000. The property, located on a 2.5-acre lot, offers a spacious living space of 12,786 square feet. This sale transaction took place on November 12, 2021.
Summary of Transaction Details:
- Property Type: Single Family
- Transaction Amount: $14,000,000
- Market: Delray Beach
- Lot Size: 2.5 acres
- Square Footage: 12,786
The seller of this property is Antonio Neri, representing Hewlett Packard Enterprises. The deal was facilitated by broker Senada Adzem from Douglas Elliman. The sale price of $14,000,000 translates into a price per square foot of $1,095.
Delray Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $14M for 12,786 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93