SJS LLC Purchases Land In Riviera Beach From Christina Ribaudo And John Staluppi For $12M
68 West 11th Street
$12,000,000
$64/SF
Building Size
186,720 SF
Asset Type
Land
Closing
Mar 19, 2025
About this deal
AI
This transaction involved a land asset located at 68 West 11th Street in the Riviera Beach market. The sale occurred at a price of $12,000,000.00 for a total area of 186,720 square feet.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $12,000,000.00
- Address: 68 West 11th Street
- Market: Riviera Beach
- Square Footage: 186720.0
- Buyer: SJS LLC
- Seller: Christina Ribaudo & John Staluppi - JS 12 Real Estate Holdings, LLC
- Brokers: Chip Armstrong - The Keyes Company, Liz Nunes - Illustrated Properties Real Estate
Chip Armstrong represented the buyer, SJS LLC, and Liz Nunes represented the seller, Christina Ribaudo & John Staluppi - JS 12 Real Estate Holdings, LLC, in this transaction, facilitating the sale process for their respective clients.
Players
Riviera Beach Land Market Snapshot
Boundary boundary · Land · Sale transactions
Loading comparables…
Deal FAQ
Visit Illustrated Properties Real Estate to view all their deals.
Browse Riviera Beach land sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93