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2601 N Ocean Blvd Unit D, G...

Keith Rowling Sells Gulf Stream Townhouse For $3.8M With The Help Of Cole & Betty Devitt
SOLDOther

Keith Rowling Sells Gulf Stream Townhouse For $3.8M With The Help Of Cole & Betty Devitt

2601 N Ocean Blvd Unit D, Gulf Stream, Fl 33483, Usa

$3,800,000

$94/SF

Building Size

40,360 SF

Asset Type

Other

Closing

Sep 3, 2020

AI

The townhouse located at 2601 N. Ocean Blvd, Unit D in Gulf Stream has been sold for a price of $3,800,000. The property spans 4,036 square feet, resulting in a price per square foot of $941.53.

Summary of transaction details:

  • Property Type: Townhouse
  • Transaction Amount: $3,800,000
  • Address: 2601 N. Ocean Blvd, Unit D
  • Market: Gulf Stream
  • Price per Square Foot: $941.53

The seller of this townhouse was Keith Rowling, a Wealth Advisor at Merrill Lynch. Representing the buyer and seller in this transaction were Cole and Betty Devitt from The Corcoran Group.

Players

Betty Devitt

The Corcoran Group

Broker

$11.8M

vol

2 deals

Broker

Keith Rowling

Seller

$11.8M

vol

2 deals

Seller

Delray Beach Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93