Premier Sotheby's International Realty Acquires .75 Acre Land In Nokomis For $6.5M
SOLD
$6,500,000
Florida
See Similar DealsSold 08/01/2022
SOLD
Premier Sotheby's International Realty Acquires .75 Acre Land In Nokomis For $6.5M
2501 Casey Key Road, Nokomis, Florida 34275, United States
See Similar DealsSold 08/01/2022
Summary
FLORIDA
Transaction Type:Sale
The land located at 2501 Casey Key Rd in Nokomis has been sold for $6,500,000. The property spans approximately 0.75 acres.
Summary of transation details
- Property Type: Land
- Transaction Amount: $6,500,000
- Address: 2501 Casey Key Rd, Nokomis
- Market: Nokomis
- Acres: 0.75
The sale was facilitated by Lisa Napolitano and Valerie Dall'Acqua from Premier Sotheby's International Realty.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$346,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$23,093.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,813.32
Annual Debt Service$369,759.79
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