Vincent Vince Spadea Acquires Condo At 2295 S Ocean Blvd Palm Beach County For $1.11M
2295 S Ocean Blvd #714
$1,110,000
$712/SF
Building Size
1,559 SF
Asset Type
Condo
Closing
Apr 20, 2023
AI
A condominium located at 2295 S Ocean Blvd in Palm Beach County, Florida, was recently sold for $1,110,000. The condo spans 1,559 square feet and has a price per square foot of $712. The sale took place on April 20, 2023.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,110,000
- Date: April 20, 2023
- Address: 2295 S Ocean Blvd, Palm Beach County
- Square Footage: 1,559
- Price Per Square Foot: $712
Gloria Rodriguez and Vincent "Vince" Spadea were involved in the transaction. Colm Obrien served as the seller, while Vincent "Vince" Spadea represented the buyer as their broker from Douglas Elliman. Gloria Rodriguez, also from Douglas Elliman, acted as the seller's broker.
Players
Pollock Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.29%
Cash-on-Cash
-4.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93