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
Marco Island Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
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