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176 South Collier Boulevard

John Eric Stuck & Michelle St. Clair Stuck Acquire Marco Island Condo For $2.25M
SOLDCondo

John Eric Stuck & Michelle St. Clair Stuck Acquire Marco Island Condo For $2.25M

176 South Collier Boulevard

$2,250,000

$1,082/SF

Building Size

2,078 SF

Asset Type

Condo

Closing

Nov 28, 2023

AI

The condo located at 176 South Collier Boulevard in Marco Island has been sold in a recent transaction. The property features 2,078 square feet of space. The sale price for this condo was $2,250,000, resulting in a price per square foot of $1,083.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $2,250,000
  • Address: 176 South Collier Boulevard, Marco Island

John Eric Stuck and Michelle St. Clair Stuck were the buyers of this condo. The seller of the property was Stella S Benisatto. Chris Sullivan, representing Re/Max, served as the seller's representative in this deal.

Players

Chris Sullivan

Re/Max

Broker

$55.1M

vol

10 deals

Broker

Marco Island 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

7.05%

Cash-on-Cash

-2.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93