facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

traded

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Development Site

/

Sale

/

18001 Southeast Federal Hig...

Joshua Thomas Sells Development Site In Jupiter For $3M
SOLDDevelopment Site

Joshua Thomas Sells Development Site In Jupiter For $3M

18001 Southeast Federal Highway, Tequesta, Florida 33469, United States

$3,000,000

$217/SF

Building Size

13,780 SF

Asset Type

Development Site

Closing

May 5, 2022

AI

An undeveloped site located at 18001 SE Federal Hwy in Jupiter, Tequesta has been sold for $3,000,000. The property, measuring 13,780 square feet, offers a price per square foot of $218. This development site has a buildable square footage of 12,000, resulting in a price per buildable square foot of $250. The transaction took place on May 6, 2022.

Summary of Transaction Details

  • Property Type: Development Site
  • Transaction Amount: $3,000,000
  • Address: 18001 SE Federal Hwy, Jupiter, Tequesta
  • Market: Jupiter, Tequesta
  • Buildable Square Footage: 12,000
  • Price per Buildable Square Foot: $250
  • Total Square Footage: 13,780
  • Price per Square Foot: $218

The seller of the property was Joshua Thomas. Holly Meyer Lucas from Compass represented the buyer in the transaction, while Terry Wilkin and Jay Fisher from Estate Properties LLC represented the seller. This sale represents a successful deal for all parties involved.

Players

Holly Meyer Lucas

Compass

Broker

$101.3M

vol

7 deals

Broker

Joshua Thomas

Seller

$4.8M

vol

2 deals

Seller

Jupiter Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93