Eric Pfeifer Of Pfeifer Realty Group Sells 1.13-Acre Land In Sanibel For $3.2M
4717 Rue Belle Mer
$3,200,000
Building Size
—
Asset Type
Land
Closing
Feb 22, 2024
About this deal
AI
In Sanibel's real estate market, a 1.13-acre land parcel located at 4717 Rue Belle Mer has been sold for $3.2 million. The sale was managed by Eric Pfeifer of Pfeifer Realty Group.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $3,200,000
- Broker: Eric Pfeifer - Pfeifer Realty Group
- Address: 4717 Rue Belle Mer
- Market: Sanibel
- Acres: 1.13
The transaction at 4717 Rue Belle Mer involved Eric Pfeifer from Pfeifer Realty Group as the managing broker. This successful deal highlights the expertise and professionalism of the real estate professionals involved in facilitating the sale.
On the Map
$3,200,000
Land
View full map
Players
Sanibel Land Market Snapshot
Boundary boundary · Land · Sale transactions
Loading comparables…
Deal FAQ
Browse Sanibel land sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93