Lake Placid Land Sold For $5.5M With Broker Ladd Bass From Tarpon Blue Real Estate
235 Driggers Road
$5,478,081
Building Size
—
Asset Type
Land
Closing
Feb 5, 2024
About this deal
AI
In Lake Placid's market, a piece of land located at 235 Driggers Road was sold for $5,478,081. The transaction was facilitated by broker Ladd Bass from Tarpon Blue Real Estate.
Summary of transaction details
- Property Type: Land
- Sale Price: $5,478,081
- Address: 235 Driggers Road
- Market: Lake Placid
The sale of the land at 235 Driggers Road in Lake Placid was successfully executed by broker Ladd Bass from Tarpon Blue Real Estate.
The land sale at 235 Driggers Road in Lake Placid, Florida sold for $5.5M in 2024. 235 Driggers Road is classified as Land on Traded. Ladd Bass, Tarpon Blue Real Estate appear on the sale alongside Tarpon Blue Real Estate. This page is the Lake Placid, Florida file for the 235 Driggers Road land sold: pricing, party profiles, and other closed land comps from the same Lake Placid sit in the Market section below. Filter that Lake Placid land set by closing date to see what else sold near 235 Driggers Road around 2024. Published consideration for 235 Driggers Road is $5.5M, dated 2024. Cite this Lake Placid Land Sold For $5.5M With Broker Ladd Bass From Tarpon Blue Real Estate sale when underwriting similar land product around Lake Placid, Florida.
Players
Lake Placid Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.90%
Cash-on-Cash
-0.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93