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17119 Whitehaven Drive

Updated Aug 31, 2026

Whitehaven Drive Trust Acquires Boca Raton Mansion From David Reich For $15.75M
SOLDSingle Family

Whitehaven Drive Trust Acquires Boca Raton Mansion From David Reich For $15.75M

17119 Whitehaven Drive

$15,750,000

$1,539/SF

Building Size

10,229 SF

Asset Type

Single Family

Closing

Aug 20, 2026

About this deal

AI

The property asset involved in this transaction is a single-family residence located at 17119 Whitehaven Drive in Boca Raton, FL, featuring a total square footage of 10,229. This property comprises 0.55 acres and was sold for $15,750,000, equating to a price per square foot of $1,540.

Summary of transaction details:

This transaction involved David Reich from Reich Construction Group selling the property to Whitehaven Drive Trust. Mark Nestler and John Poletto represented the seller, while Bambi Ross represented the buyer in this deal.

Players

John Poletto

Sotheby's International Realty

Broker

$35.9M

vol

3 deals

Broker

David Reich

Reich Construction Group

Seller
Seller

Boca Raton Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Deal FAQ

About $1.5K per square foot on a published $15.8M for 10,229 square feet (2026).

Visit Mark Nestler to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.01%

Cash-on-Cash

-0.29%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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