Santa Rosa Beach Land With Gulf Views Sells For $8.5M
5533 W County Hwy 30A Santa Rosa Beach, FL 32459, USA
$8,500,000
Building Size
—
Asset Type
Land
Closing
Aug 25, 2023
About this deal
AI
A Santa Rosa Beach property located at 5533 W County Hwy 30A has been sold for a price of $8,500,000. This property offers beach living and panoramic gulf views, making it a desirable asset. It also features a unique two-sided waterfront, providing access to calmer waters through an oyster lake outfall.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $8,500,000
- Market: Santa Rosa Beach
- Address: 5533 W County Hwy 30A
- Asset Size: 0.91 acres
The sale of this property was facilitated by broker Kimberly Maxwell from Compass. Kimberly Maxwell played a crucial role in ensuring the successful transaction of this beachfront property.
Players
Santa Rosa Beach 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
1.87%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93