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Delray Beach, Fl, Usa

Janice & William Sanger Acquire Delray Beach Single Family Property For $33M
SOLDSingle Family

Janice & William Sanger Acquire Delray Beach Single Family Property For $33M

Delray Beach, Fl, Usa

$33,000,000

$2,572/SF

Building Size

12,828 SF

Asset Type

Single Family

Closing

Nov 23, 2021

AI

A single-family property located in Delray Beach with approximately 2.77 acres of land has recently been sold for a staggering price. The transaction, facilitated by Jack Elkins of William Raveis Real Estate, took place on November 23, 2021. The property, spanning over 12,828 square feet, was captured in an enticing image by Jack Elkins.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $33,000,000
  • Market: Delray Beach
  • Property Size: 2.77 acres
  • Broker: Jack Elkins - William Raveis Real Estate

The buyers, Janice & William Sanger, acquired the property from Carolyn Nachmias. The purchase price of $33,000,000 reflects a per square foot value of $2,572, making this a significant investment. The property offers an impressive 12,828 square feet of living space, providing ample room for the new owners to enjoy.

Players

Jack Elkins

William Raveis Real Estate

Broker

$135.3M

vol

6 deals

Broker

Курск 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

0.48%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93