Carl J. Tyree Acquires Other Agricultural Property In Wellington, FL For $7.7M
14590 Palm Beach Point Boulevard, Wellington, Florida 33414, United States
$7,700,000
$1,191/SF
Building Size
6,465 SF
Asset Type
—
Closing
Aug 29, 2022
About this deal
AI
The property involved in this closed transaction is located at 14590 Palm Beach Point Blvd in Wellington, FL. It is an Other Agricultural asset type. The property measures 6,465 square feet. The transaction took place on August 30, 2022. The market for this property is Wellington, FL.
Summary of transaction details
- Property Type: Other Agricultural
- Transaction Amount: $7,700,000
- SF: 6,465
- Price Per Square Foot: $1,191
The buyer in this transaction is Carl J. Tyree. The seller is Adriana Schiappoli.
Players
Wellington CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Browse Florida sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.06%
Cash-on-Cash
-0.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93